Ministry of Commerce of the People's Republic of China
Encyclopedia
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
.
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).
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
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.
Chinese character
Chinese characters are logograms used in the writing of Chinese and Japanese , less frequently Korean , formerly Vietnamese , or other languages...
: 商务部 Pinyin: shāngwù bù) of the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
, 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
State Council of the People's Republic of China
The State Council of the People's Republic of China , which is largely synonymous with the Central People's Government after 1954, is the chief administrative authority of the People's Republic of China. It is chaired by the Premier and includes the heads of each governmental department and agency...
. 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
Chen Deming
Chen Deming is the Minister of the Chinese Ministry of Commerce. He was appointed to the post at the Standing Committee of the National People's Congress on December 29, 2007.-Biography:...
.
History
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).
List of Ministers
1949-1952: Ministry of Trade- Ye Jizhuang (叶季壮).
1952-1982: Ministry of Foreign Trade
- Ye Jizhuang: 1952-1967
- Lin Yunhai (林海云): acting from September 1965 to July 1970.
1982-1993: Ministry of Foreign Economic Relations and Trade
- Chen Muhua (陈慕华): 1982 - 1985
- Zheng Tuobin (郑拓彬): 1985 - 1990
- Li LanqingLi LanqingLi Lanqing is a prominent Chinese politician.-Biography:He is a former member of the Politburo Standing Committee of the Communist Party of China. While in government he was First Vice-Premier. In his capacity as Vice Premier, Li was responsible for national education policy...
: 1990 - 1993
1993-2003: Ministry of Foreign Trade and Economic Co-operation
- Wu YiWu YiWu Yi was one of four Vice Premiers of the State Council of the People's Republic of China, overseeing the country's economy until March 2008. Known as the "iron lady", Wu is one of the toughest negotiators in China's government.-Biography:...
: 1993 - 1998 - Shi GuangshengShi GuangshengShi Guangsheng is a politician of the People's Republic of China, and the former Minister of Foreign Trade and Economic Co-operation of China.- References :...
(石广生): 1998 - 2003
2003-: Ministry of Commerce
- Lü FuyuanLü FuyuanLü Fuyuan was the first minister of the Ministry of Commerce of the People's Republic of China.-Biography:After graduated from Jilin University with a degree in Physics, Lü worked for several years in the First Automobile Works in Changchun, and then studied at the Université de Montréal in...
(吕福源): 2003-February 2004 - Bo XilaiBo XilaiBo Xilai is the Communist Party of China Chongqing Committee Secretary, first-in-charge of the Western interior municipality and a member of the Politburo of the Communist Party of China...
: February 2004- 2007 - Chen DemingChen DemingChen Deming is the Minister of the Chinese Ministry of Commerce. He was appointed to the post at the Standing Committee of the National People's Congress on December 29, 2007.-Biography:...
: 2007- incumbent
Current Ministers of MOFCOM
- Chen DemingChen DemingChen Deming is the Minister of the Chinese Ministry of Commerce. He was appointed to the post at the Standing Committee of the National People's Congress on December 29, 2007.-Biography:...
, Minister - Yu Guangzhou, Vice Minister
- Zhang Zhigang, Vice Minister
- An Min, Vice Minister
- Wei Jianguo, Vice Minister
- Ma Xiuhong, Ms., Vice Minister
- Liao Xiaoqi, Vice Minister
- Gao Hucheng, Vice Minister
- Xu Jingye, Vice Minister in Charge of Discipline Inspection
- Yi Xiaozhun, Vice Minister
- Chen Jian, Assistant
- Fu Ziying, Assistant Minister
- Huang Hai, Assistant Minister
Departmental Structure
The Ministry of Commerce is structured into the following departments:| 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 and the CEPA
MOFCOM's responsibility includes fostering closer partnership between the economies of the Special Administrative Regions of Hong KongHong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
and Macau
Macau
Macau , also spelled Macao , is, along with Hong Kong, one of the two special administrative regions of the People's Republic of China...
, respectively, with the economy of the rest of the People's Republic of China
Economy of the People's Republic of China
The People's Republic of China ranks since 2010 as the world's second largest economy after the United States. It has been the world's fastest-growing major economy, with consistent growth rates of around 10% over the past 30 years. China is also the largest exporter and second largest importer of...
. To that end the Vice Minister An Min, and the previous Financial Secretary of Hong Kong, Antony Leung
Antony Leung
Antony Leung Kam-chung GBS JP was the former Financial Secretary of the Hong Kong Special Administrative Region...
, concluded the Closer Economic Partnership Arrangement
Mainland and Hong Kong Closer Economic Partnership Arrangement
The Mainland and Hong Kong Closer Economic Partnership Arrangement, or Closer Economic Partnership Arrangement for short, is an economic agreement between the Government of the Hong Kong Special Administrative Region and the Central People's Government of the People's Republic of China, signed on...
(CEPA). New agreements are continually negotiated between An and the current Financial Secretary John Tsang
John Tsang
John Tsang Chun-wah , GBM, JP, is the current Financial Secretary of Hong Kong. His responsibility is to assist the Chief Executive of Hong Kong in overseeing policy formulation and implementation in financial, monetary, economic, trade and employment matters. He exercises control over the...
under the auspices of the CEPA. Similar agreements were also concluded between the MOFCOM and Secretariat for Economy and Finance of Macau.
See also
- China Investment Promotion AgencyChina Investment Promotion AgencyChina Investment Promotion Agency is the investment promotion agency of PR China. It is in charge of "Inviting in" and "Going global" two-way investment promotion work in line with China's economic strategies and is engaged in cooperation with international economic organisations, foreign...
CIPA - China International Electronic Commerce CenterChina International Electronic Commerce CenterChina International Electronic Commerce Center is an government agency operating under the Ministry of Commerce of the People's Republic of China, that develops electronic information projects....
CIECC - Ministries of ChinaMinistries of China-List of ministries of the People's Republic of China:There are 22 ministries in the State Council of the People's Republic of China.-Other agencies under the State Council:-See also:*State Council of the People's Republic of China-External links:**...