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The Ministry of Commerce of the People's Republic of China (MOFCOM) is a cabinet-level 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 (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. The current Commerce minister is Wang Wentao.
Zhōnghuá Rénmín Gònghéguó Shāngwùbù
|Parent agency||State Council|
|Ministry of Commerce|
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 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 islands
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).
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 |
|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|
|State Economic and Trade Commission||State Development Planning Commission|
|Ministry of Commerce|
List of ministersEdit
|Name||Took office||Left office|
|Minister of Trade|
|Ye Jizhuang||October 1949||August 1952|
|Minister of Foreign Trade|
|Ye Jizhuang||August 1952||June 1967|
|Lin Haiyun||June 1967||July 1970|
|Bai Xiangguo||July 1970||October 1973|
|Li Qiang||October 1973||September 1981|
|Zheng Tuobin||September 1981||March 1982|
|Minister of Foreign Economic Relations and Trade|
|Chen Muhua||March 1982||March 1985|
|Zheng Tuobin||March 1985||December 1990|
|Li Lanqing||December 1990||March 1993|
|Minister of Foreign Trade and Economic Co-operation|
|Wu Yi||March 1993||March 1998|
|Shi Guangsheng||March 1998||March 2003|
|Minister of Commerce|
|Lü Fuyuan||March 2003||February 2004|
|Bo Xilai||February 2004||December 2007|
|Chen Deming||December 2007||March 2013|
|Gao Hucheng||March 2013||February 2017|
|Zhong Shan||February 2017||December 2020|
|Wang Wentao||December 2020||Incumbent|
The Ministry of Commerce is structured into the following departments:
|Foreign Economic Cooperation|
|Fair Trade for Import and Export|
|Market Economic Order|
|Foreign Investment Administration|
|Aid to Foreign Countries|
|Treaty and Law|
|Trade in Services|
|Western Asian & African Affairs|
|American & Oceanian Affairs|
|International Trade and Economic Affairs|
|Taiwan, Hong Kong & Macao|
|General Economic Affairs|
|Electromechanical Products & Science and Technology Industry|
|Administrative / Corporate Services|
|Committee of Communist Party|
|Discipline Supervision & Investigation Group|
|Bureau of Discipline Supervision|
|Chinese Academy of International Trade and Economic Cooperation|
|Consumption and Distribution|
|Industry Development and Strategy|
|International Trade in Services|
|Overseas Investment and Economic Cooperation|
|Asian and African Studies|
|Credit and E-commerce|
|Strategic Trade and Security|
MOFCOM and the CEPAEdit
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.
- "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.
- 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.
-  Archived April 1, 2008, at the Wayback Machine