China Investment Promotion Agency
Encyclopedia
China Investment Promotion Agency (CIPA, Chinese: 商务部投资促进事务局) is the investment promotion agency
Investment promotion agency
An investment promotion agency is most often a government agency whose mission is to attract investment to a country, state, region or city...

 of PR China. It is in charge of "Inviting in" (FDI
Foreign direct investment
Foreign direct investment or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.. It is the sum of equity capital,other long-term capital, and short-term capital as shown in...

 in China) and "Going global
Go global
Go Out policy is the People's Republic of China's current strategy to encourage its enterprises to invest overseas.Most nations favour actively attracting inward foreign investment, and would only support outward foreign investment passively...

" (outbound investment) two-way investment promotion work in line with China's economic strategies and is engaged in cooperation with international economic organisations, foreign investment promotion agencies, chambers of commerce and business associations on behalf of the Ministry of Commerce
Ministry of Commerce of the People's Republic of China
The Ministry of Commerce of the People's Republic of China , formerly Ministry of Foreign Trade and Economic Co-operation is an executive agency of the State Council of China...

.

MOFCOM

CIPA is part of the Ministry of Commerce
Ministry of Commerce of the People's Republic of China
The Ministry of Commerce of the People's Republic of China , formerly Ministry of Foreign Trade and Economic Co-operation is an executive agency of the State Council of China...

.

Function

  • Organizing and implementing the foreign investment promotion strategy;
  • Guiding and involving in the Federation of Investment Promotion Agencies of China;
  • Guiding the work of investment promotion agencies of different areas.
  • Attending the conferences of the World Association of Investment Promotion Agencies (WAIPA) on behalf of the Ministry of Commerce
    Ministry of Commerce of the People's Republic of China
    The Ministry of Commerce of the People's Republic of China , formerly Ministry of Foreign Trade and Economic Co-operation is an executive agency of the State Council of China...

    ;
  • Engaging in cooperation and communications with the relevant international economic organizations, foreign investment promotion agencies, chambers of commerce and business associations;
  • Organizing and implementing activities of bilateral and multilateral investment promotion agencies.
  • Implementing the annual investment promotion programs of Ministry of Commerce;
  • Carrying out the detailed organizing work for China International Fair of Investment & Trade hosted by Ministry of Commerce;
  • Carrying out topic research related to investment;
  • Editing and printing publicized materials and relevant investment promotion publications;
  • Being in charge of the daily operation of the website of "Invest in China";
  • Offering relevant investment information for domestic and international enterprises
    Business
    A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

    ;
  • Accepting and handling complaints from foreign investment enterprises of trans-province
    Province (China)
    A province, in the context of Chinese government, is a translation of sheng formally provincial level divisions, which is an administrative division. Provinces, municipalities, autonomous regions, and the special administrative regions, make up the four types of province of administrative division...

    s, trans-cities, trans-regions and trans-industries.
  • Planning and organizing large investment promotion activities at home and abroad, organizing relevant investment activities such as training, forum, conference and exhibition;
  • Operating website of "Invest in China", and implementing net connection with investment promotion agencies both at home and abroad, finance
    Finance
    "Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

     bodies and commerce
    Commerce
    While business refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any...

     bodies;
  • Carrying out business cooperation for commercialization
    Commercialization
    Commercialization is the process or cycle of introducing a new product or production method into the market. The actual launch of a new product is the final stage of new product development, and the one where the most money will have to be spent for advertising, sales promotion, and other marketing...

     and specialization
    Departmentalization
    Departmentalization refers to the process of grouping activities into departments.Division of labour creates specialists who need coordination. This coordination is facilitated by grouping specialists together in departments....

     of investment promotion;
  • Dealing with consultation
    Consultation
    The Consultation served as the provisional government of Mexican Texas from November 1835 through March 1836 during the Texas Revolution. Tensions rose in Texas during early 1835 as throughout Mexico federalists began to oppose the increasingly centralist policies of the government. In the...

    , information service, market
    Market
    A market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...

     investigation, credit
    Credit (finance)
    Credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately , but instead arranges either to repay or return those resources at a later date. The resources provided may be financial Credit is the trust...

     investigation related to investment activities and planning services on investment promotion;
  • Assisting foreign investment enterprises for relevant legal procedures.

Structure

  • General Office of China International Fair for Investment and Trade (CIFIT)
  • Investment Promotion Planning and Service Center
  • Foreign Investment Cooperation Department
  • Training Department
  • Special Projects Development Department
  • Liaison Department
  • Information Consulting Department
  • Conferences and Fairs Department
  • Business Development Department
  • Survey and Research Department
  • Financial Department
  • Administrative Department

Sub-national agencies

  • Anhui
    Anhui
    Anhui is a province in the People's Republic of China. Located in eastern China across the basins of the Yangtze River and the Huai River, it borders Jiangsu to the east, Zhejiang to the southeast, Jiangxi to the south, Hubei to the southwest, Henan to the northwest, and Shandong for a tiny...

     Provincial Foreign Investment Promotion Center (AIPC)
  • Beijing
    Beijing
    Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

     International Investment Promotion Council
  • Xiamen
    Xiamen
    Xiamen , also known as Amoy , is a major city on the southeast coast of the People's Republic of China. It is administered as a sub-provincial city of Fujian province with an area of and population of 3.53 million...

     International Investment Promotion Center
  • Chongqing
    Chongqing
    Chongqing is a major city in Southwest China and one of the five national central cities of China. Administratively, it is one of the PRC's four direct-controlled municipalities , and the only such municipality in inland China.The municipality was created on 14 March 1997, succeeding the...

     Promotion and Service Center for Foreign Investment
  • Dongguan
    Dongguan
    Dongguan is a prefecture-level city in central Guangdong province, People's Republic of China.An important industrial city located in the Pearl River Delta, Dongguan borders the provincial capital of Guangzhou to the north, Huizhou to the northeast, Shenzhen to the south, and the Pearl River to...

     Foreign Investment Promotion Center
  • Fujian
    Fujian
    ' , formerly romanised as Fukien or Huguing or Foukien, is a province on the southeast coast of mainland China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, and Guangdong to the south. Taiwan lies to the east, across the Taiwan Strait...

     Foreign Investment Service Center
  • Guangzhou
    Guangzhou
    Guangzhou , known historically as Canton or Kwangchow, is the capital and largest city of the Guangdong province in the People's Republic of China. Located in southern China on the Pearl River, about north-northwest of Hong Kong, Guangzhou is a key national transportation hub and trading port...

     Municipal Board for International Investment
  • Harbin
    Harbin
    Harbin ; Manchu language: , Harbin; Russian: Харби́н Kharbin ), is the capital and largest city of Heilongjiang Province in Northeast China, lying on the southern bank of the Songhua River...

     Economic Cooperation and Promotion Bureau
  • Jilin
    Jilin
    Jilin , is a province of the People's Republic of China located in the northeastern part of the country. Jilin borders North Korea and Russia to the east, Heilongjiang to the north, Liaoning to the south, and Inner Mongolia to the west...

     Provincial Foreign Investment Information Network
  • Liaoning
    Liaoning
    ' is a province of the People's Republic of China, located in the northeast of the country. Its one-character abbreviation is "辽" , a name taken from the Liao River that flows through the province. "Níng" means "peace"...

     International Investment Promotion Center
  • Ningbo
    Ningbo
    Ningbo is a seaport city of northeastern Zhejiang province, Eastern China. Holding sub-provincial administrative status, the municipality has a population of 7,605,700 inhabitants at the 2010 census whom 3,089,180 in the built up area made of 6 urban districts. It lies south of the Hangzhou Bay,...

     Foreign Investment Promotion Center
  • Shanghai
    Shanghai
    Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

     Foreign Investment Development Board (FID)
  • Shanghai
    Shanghai
    Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

     Foreign Investment Service Center
  • Shenzhen
    Shenzhen
    Shenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...

     Municipal Foreign Investment Bureau

See also

  • China Council for the Promotion of International Trade
    China Council for the Promotion of International Trade
    The China Council for the Promotion of International Trade is a trade body of the Chinese government founded in 1952. It also goes by the name of the China Chamber of International Commerce ....

  • Ministry of Commerce
    Ministry of Commerce of the People's Republic of China
    The Ministry of Commerce of the People's Republic of China , formerly Ministry of Foreign Trade and Economic Co-operation is an executive agency of the State Council of China...


Further reading


External links

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