The Regional Comprehensive Economic Partnership Agreement (RCEP) is the world's largest free trade agreement. The RCEP has significant implications for China’s agricultural trade especially in the ASEAN region which is China’s top export market, the second-biggest source of imports for Chinese agricultural products, and largest trading partner in the agricultural sector. To boost trade development, this paper presents a detailed SWOT analysis of China’s agricultural trade with the ASEAN using the RCEP as the research background. Through the RCEP, China’s agricultural products are expected to achieve not only growth in trade scale and trade facilitation, but also stronger economic ties in East Asia. However, the RECP also poses new challenges to China’s agricultural trade structure, core competitiveness, and quality and safety system. Therefore, China should reinforce its brand building, optimize its trade layout, deepen its agricultural transformation, and improve its cooperation to better enjoy the trade dividends brought by RCEP.

I. Introduction
II. Current Development of AgriculturalTrade between China and ASEAN
III. Strengths of China’s Agricultural TradeDevelopment with ASEAN under the RCEP
    A. Super-sized Market
    B. Complementary Products
    C. Friendly Cooperation
    D. Geographical Advantages
IV. Weaknesses in the Development of Agricultural Trade between China and ASEAN under the RCEP
    A. Imperfect Bilateral Trade Mechanisms
    B. Vulnerability to Natural Disasters
    C. Impact of RMB Exchange Rate Fluctuations on Exports
    D. Low Value-added Agricultural Products
V. Opportunities for the Development ofAgricultural Trade between China andASEAN under the RCEP
    A. Reduction of Tariff Barriers and Greater Scale of Trade
    B. Reduction of Non-Tariff Barriers to Promote Equity and Facilitation
    C. Promotion of Agricultural “Outreach”
    D. Stronger East Asian Economic Linkages
VI. Threats to the Development of Agricultural Trade between China and ASEAN under the RCEP
    A. Unstructured Agricultural Trade and Regional Value Chains forAgricultural Products
    B. Intense Competition
    C. Inadequate Quality and Safety Systems
    D. Increase in China’s Agricultural Trade Deficit with ASEAN
VII. Development Response
    A. Improvement of Competitiveness and Brand Strength
    B. Optimization of Layout and Diversification of Trade
    C. Greater Transformation and Policy Support
    D. Enhancement of Cooperation for A Win-Win Situation
VIII. Summary and Conclusion
References

• Shufeng Cong(Graduate Student at School of Business and Economics, Universiti Putra Malaysia)
• Lee Chin(Associate Professor at School of Business and Economics, Universiti Putra Malaysia, Malaysia. Ph.D.)
• Piratdin Allayarov(Lecturer at Department of Mathematical Methods in Economics, Tashkent State University of Economics, Tashkent, Uzbekistan. Ph.D)