The Impact of RCEP on the Restructuring of Supply Chains in the Electronic Machinery and Equipment Industry

The Regional Comprehensive Economic Partnership (RCEP) focuses on strengthening regional economic integration by lowering tariffs and dismantling trade barriers. This study leverages quantitative methods to assess the influence of RCEP on supply chains in the electronic machinery and equipment sectors of China and Vietnam. The findings indicate significant changes in the import and export volumes of both countries following the implementation of RCEP. Notably, China's import and export volumes have decreased significantly, while Vietnam's exports have shown relative stability. Finally, this paper provides an analysis based on the empirical research results for reference.