The Ministry of Commerce (MOFCOM) is a cabinet-level executive agency of the State Council of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition (competition regulator) and negotiating bilateral and multilateral trade agreements. It is in charge of the administration of foreign trade pursuant to the Foreign Trade Law.[1] The current Commerce minister is Wang Wentao.
Ministry of Commerce of the People's Republic of China
Before October 1949, the Ministry of Economic Affairs was the governing agency of the Republic of China on the mainland responsible for economic trade issues. The agency was created in 1931 and reorganized in 1937.
In August 1952, the Ministry was renamed to Ministry of Foreign Trade (对外贸易部). Ye Jizhuang was the first Minister and died in the post in 1967.
In March 1982, the Ministry of Foreign Trade was merged with the Ministry of Foreign Economic Liaison (对外经济联络部), the State Import and Export Regulation Commission (国家进出口管理委员会), and the State Foreign Investment Regulation Commission (国家外国投资管理委员会), and became the Ministry of Foreign Economic Relations and Trade (对外经济贸易部).
In March 1993, the Ministry of Foreign Economic Relations and Trade was renamed to the Ministry of Foreign Trade and Economic Cooperation (对外贸易经济合作部).[2]
In the spring of 2003, the former Ministry of Foreign Trade and Economic Cooperation went through a reorganization and was renamed Ministry of Commerce.
The ministry also incorporates the former State Economic and Trade Commission and the State Development Planning Commission.
Ministry of Trade (1949)
Ministry of Foreign Trade
Ministry of Foreign Economic Liaison
State Import and Export Regulation Commission
State Foreign Investment Regulation Commission
Ministry of Foreign Trade and Economic Cooperation (1993)
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Ministry of Foreign Economic Relations redirects here For other uses see Ministry of Foreign Economic Relations Serbia and Ministry of Foreign Economic Relations Soviet Union This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Ministry of Commerce China news newspapers books scholar JSTOR January 2017 Learn how and when to remove this template message The Ministry of Commerce MOFCOM is a cabinet level executive agency of the State Council of China that is responsible for formulating policy on foreign trade export and import regulations foreign direct investments consumer protection market competition competition regulator and negotiating bilateral and multilateral trade agreements It is in charge of the administration of foreign trade pursuant to the Foreign Trade Law 1 The current Commerce minister is Wang Wentao Ministry of Commerce of the People s Republic of China中华人民共和国商务部 Zhōnghua Renmin Gongheguo ShangwubuEmblem of the People s Republic of ChinaLogo of the Ministry of CommerceHeadquartersAgency overviewFormedMarch 2003 20 years ago 2003 03 Preceding agencyMinistry of Foreign Trade and Economic Co operationJurisdictionGovernment of ChinaHeadquartersBeijingMinister responsibleWang WentaoParent agencyState CouncilWebsiteenglish wbr mofcom wbr gov wbr cnMinistry of CommerceSimplified Chinese中华人民共和国商务部Traditional Chinese中華人民共和國商務部TranscriptionsStandard MandarinHanyu PinyinZhōnghua Renmin Gongheguo Shangwubu Contents 1 History 2 List of ministers 3 Departmental structure 4 MOFCOM and the CEPA 5 See also 6 References 7 External linksHistory EditBefore October 1949 the Ministry of Economic Affairs was the governing agency of the Republic of China on the mainland responsible for economic trade issues The agency was created in 1931 and reorganized in 1937 In November 1949 a month after the People s Republic of China was established the Chinese Communist Party formed the Ministry of Trade 贸易部 while the MOEA continued to operate in Taiwan and several other islandsIn August 1952 the Ministry was renamed to Ministry of Foreign Trade 对外贸易部 Ye Jizhuang was the first Minister and died in the post in 1967 In March 1982 the Ministry of Foreign Trade was merged with the Ministry of Foreign Economic Liaison 对外经济联络部 the State Import and Export Regulation Commission 国家进出口管理委员会 and the State Foreign Investment Regulation Commission 国家外国投资管理委员会 and became the Ministry of Foreign Economic Relations and Trade 对外经济贸易部 In March 1993 the Ministry of Foreign Economic Relations and Trade was renamed to the Ministry of Foreign Trade and Economic Cooperation 对外贸易经济合作部 2 In the spring of 2003 the former Ministry of Foreign Trade and Economic Cooperation went through a reorganization and was renamed Ministry of Commerce The ministry also incorporates the former State Economic and Trade Commission and the State Development Planning Commission Ministry of Trade 1949 Ministry of Foreign TradeMinistry of Foreign Economic LiaisonState Import and Export Regulation CommissionState Foreign Investment Regulation CommissionMinistry of Foreign Trade and Economic Cooperation 1993 State Economic and Trade CommissionState Development Planning Commission 1998 Ministry of Commerce 2003 List of ministers EditName Took office Left officeMinister of TradeYe Jizhuang October 1949 August 1952Minister of Foreign TradeYe Jizhuang 3 August 1952 June 1967Lin Haiyun 3 June 1967 July 1970Bai Xiangguo 3 July 1970 October 1973Li Qiang 3 October 1973 September 1981Zheng Tuobin September 1981 March 1982Minister of Foreign Economic Relations and TradeChen Muhua March 1982 March 1985Zheng Tuobin March 1985 December 1990Li Lanqing December 1990 March 1993Minister of Foreign Trade and Economic Co operationWu Yi March 1993 March 1998Shi Guangsheng March 1998 March 2003Minister of CommerceLu Fuyuan March 2003 February 2004Bo Xilai February 2004 December 2007Chen Deming December 2007 March 2013Gao Hucheng March 2013 February 2017Zhong Shan February 2017 December 2020Wang Wentao December 2020 IncumbentDepartmental structure EditThe Ministry of Commerce is structured into the following departments DepartmentsForeign Economic CooperationFair Trade for Import and ExportMarket Economic OrderForeign Investment AdministrationMarket OperationAid to Foreign CountriesTreaty and LawWTO AffairsTrade in ServicesMarket SystemComprehensiveSpecializedCommercial ReformAsian AffairsWestern Asian amp African AffairsAmerican amp Oceanian AffairsInternational Trade and Economic AffairsTaiwan Hong Kong amp MacaoGeneral Economic AffairsForeign TradeElectromechanical Products amp Science and Technology IndustryAdministrative Corporate ServicesGeneral OfficeHuman ResourcesPolicy ResearchFinanceInjury InvestigationNegotiation OfficeRetired OfficialsCommittee of Communist PartyDiscipline Supervision amp Investigation GroupBureau of Discipline SupervisionChinese Academy of International Trade and Economic CooperationWorld EconomyConsumption and DistributionInternational TradeForeign InvestmentIndustry Development and StrategyCommodity ResearchInternational Trade in ServicesOverseas Investment and Economic CooperationAsian and African StudiesDevelopment CooperationCredit and E commerceStrategic Trade and Security 4 MOFCOM and the CEPA EditMOFCOM s responsibility includes fostering closer partnership between the economies of the Special Administrative Regions of Hong Kong and Macau respectively with the economy of the rest of the People s Republic of China To that end the Vice Minister An Min and the previous Financial Secretary of Hong Kong Antony Leung concluded the Closer Economic Partnership Arrangement CEPA New agreements are continually negotiated between An and the current Financial Secretary John Tsang under the auspices of the CEPA Similar agreements were also concluded between the MOFCOM and Secretariat for Economy and Finance of Macau See also Edit China portal Business portal Politics portalChina International Electronic Commerce Center CIECC China Investment Promotion Agency CIPA Ministries of the People s Republic of China Ministry of Economic Affairs of the Republic of ChinaReferences Edit Foreign Trade Law of the People s Republic of China mofcom gov cn Retrieved 2019 11 19 Chinese Ministry of Foreign Trade and Economic Cooperation www fmprc gov cn Retrieved 2021 11 30 a b c d Gene T Hsiao 1977 The Foreign Trade of China Policy Law and Practice University of California Press p 71 ISBN 978 0 520 03257 6 1 Archived April 1 2008 at the Wayback MachineExternal links EditMinistry of Commerce of PRC Official website Retrieved from https en wikipedia org w index php title Ministry of Commerce China amp oldid 1133917446, wikipedia, wiki, book, books, library,
