The Legal Framework of China-Australia Trade under RCEP: Impacts and Challenges

China-Australia trade relations have a long history, with China serving as Australias largest trading partner for many years. In the era of economic globalization, these trade relations are facing new development opportunities as well as major challenges. The establishment of the Regional Comprehensive Economic Partnership (RCEP) has provided a new legal framework and policy guidance for China-Australia trade liberalization and economic cooperation. It deepens regional economic integration and creates a more open and stable trade environment by reducing trade barriers, expanding market access and promoting supply chain integration. While the agreement brings potential benefits, it also presents challenges. Differences in trade policies, regulatory frameworks and geopolitical tensions may prevent the full realization of RCEPs advantages. Furthermore, industries in both countries must adapt to changing trade structures, market competition and environmental sustainability requirements. Under these circumstances, it is crucial to examine the impacts and challenges of China-Australia trade under the RCEP framework for understanding regional economic integration, identifying potential risks, and providing valuable insights for policymakers and businesses. This study employs the methods of literature analysis, case study and comparative analysis to explore the legal impact of RCEP on China-Australia trade. Based on these findings, it proposes corresponding policy recommendations to assist the government in formulating more targeted trade policies and assist enterprises in optimizing their market strategies for a balanced development of China-Australia economic and trade relations, and to promote the stable and sustainable development of China-Australia economic and trade relations.