Core Insights - The Regional Comprehensive Economic Partnership (RCEP) has significantly boosted trade between Fujian Province and other member countries since its implementation in January 2022, with total trade value reaching 2 trillion yuan by the end of 2024 [1][2] Group 1: Trade Performance - From January 2022 to December 2024, Fujian's total import and export value with RCEP countries reached 2 trillion yuan, increasing from 635.73 billion yuan in 2021 to 700.68 billion yuan in 2024 [1] - In the first five months of this year, Fujian's trade volume with RCEP countries was 251.16 billion yuan, accounting for 33.3% of the province's total import and export value, with exports at 136.2 billion yuan and imports at 114.96 billion yuan [1] Group 2: Contribution of Enterprises - Private enterprises play a crucial role, accounting for 60% of Fujian's trade with RCEP countries, with a total import and export value of 152.25 billion yuan in the first five months of this year [1] - Foreign-invested enterprises contributed 48.41 billion yuan, showing a year-on-year growth of 3.9%, while state-owned enterprises accounted for 20% with 50.29 billion yuan [1] Group 3: Product Categories - Mechanical and labor-intensive products are the main exports from Fujian to RCEP countries, with mechanical products valued at 53.67 billion yuan, making up 39.4% of total exports [2] - Notable exports include ships and lithium-ion batteries, with exports of 2.42 billion yuan and 4.55 billion yuan respectively, representing year-on-year growth of 270% and 36.1% [2] Group 4: Import Dynamics - Imports are primarily driven by bulk commodities, with a total import value of 47.65 billion yuan from RCEP countries, accounting for 41.4% of total imports [2] - Key imports include iron ore and coal, valued at 20.71 billion yuan and 11.9 billion yuan respectively, together making up 28.4% of total imports [2]