| Ministry of Commerce of the People's Republic of China | |
|---|---|
| 中华人民共和国商务部 | |
| Agency overview | |
| Formed | 2003 |
| Preceding agency | Ministry of Foreign Trade and Economic Co-operation |
| Jurisdiction | People's Republic of China |
| Headquarters | Beijing |
| Agency executive | Chen Deming, Minister of Commerce |
| Parent agency | State Council |
| Website | |
| http://www.mofcom.gov.cn/ | |
The Ministry of Commerce (MOFCOM; Chinese: 商务部 Pinyin: shāngwù bù) of the People's Republic of China , formerly Ministry of Foreign Trade and Economic Co-operation (对外贸易经济合作部, MOFTEC) is an executive agency of the State Council of China. It is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition and negotiating bilateral and multilateral trade agreements. The current Commerce minister is Chen Deming.
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In November 1949, the People's Republic of China established the Ministry of Trade (贸易部).
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 Co-operation.
In the spring of 2003, the former Ministry of Foreign Trade and Economic Co-operation (MOFTEC) went through a reorganization and was renamed Ministry of Commerce.
The ministry also incorporates the former State Economic and Trade Commission (SETC) and the State Development Planning Commission (SDPC).
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Ministry of Trade (1949) |
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Ministry of Foreign Trade | Ministry of Foreign Economic liaison | State Import and Export Regulation Commission | State Foreign Investment Regulation Commission | |||||||||||||||||||||||||||||||
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Ministry of Foreign Trade and Economic Co-operation (1993) |
State Economic and Trade Commission | State Development Planning Commission (1998) |
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Ministry of Commerce (2003) |
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1949-1952: Ministry of Trade
1952-1982: Ministry of Foreign Trade
1982-1993: Ministry of Foreign Economic Relations and Trade
1993-2003: Ministry of Foreign Trade and Economic Co-operation
2003-: Ministry of Commerce
The Ministry of Commerce is structured into the following departments:[1]
| Departments |
|---|
| Foreign Economic Cooperation |
| Fair Trade for Import and Export |
| Market Economic Order |
| Foreign Investment Administration |
| Market Operation |
| Aid to Foreign Countries |
| Treaty and Law |
| WTO Affairs |
| Trade in Services |
| Market System |
| Specialized |
| Commercial Reform |
| Asian Affairs |
| Western Asian & African Affairs |
| American & Oceanian Affairs |
| International Trade and Economic Affairs |
| Taiwan, Hong Kong & Macao |
| General Economic Affairs |
| Foreign Trade |
| Electromechanical Products & Science and Technology Industry |
| Administrative / Corporate Services |
| General Office |
| Human Resources |
| Policy Research |
| Finance |
| Injury Investigation |
| Negotiation Office |
| Retired Officials |
| Committee of Communist Party |
| Discipline Supervision & Investigation Group |
| Bureau of Discipline Supervision |
MOFCOM'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.
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