Core Viewpoint - The Chinese government is actively promoting its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), emphasizing its potential to enhance multilateralism and free trade amid rising unilateralism and protectionism [1][2] Economic Impact - Research from the Development Research Center of the State Council and the Chinese Academy of Social Sciences indicates that China's accession to the CPTPP could generate economic benefits for member countries, regional cooperation, and the global economy [1] - The Chinese market's large scale is expected to provide significant growth opportunities for CPTPP members, enhancing the agreement's global influence [1] - The Chinese Academy of Social Sciences estimates that China's membership could increase member GDP by 0.2% to 1.1% and exports by 2.5% to 11.8% [1] - The Development Research Center projects that global real GDP could grow by 0.2% and trade volume by 2.8% as a result of China's accession [1] Regional Cooperation - China's entry into the CPTPP is anticipated to foster a more extensive and closely-knit production and supply chain system within the region, enhancing the breadth, depth, and convenience of industrial cooperation [1] - Key sectors such as oil, agriculture, and educational services are expected to gain new growth opportunities from this enhanced cooperation [1]