What is mofcom in China?

What is mofcom in China?

China’s Ministry of Commerce (Mofcom) was established in March 2003 and is responsible for trade negotiations and the relationship with the World Trade Organization (WTO) As a cabinet-level executive agency under the State Council, Mofcom has 29 departments overseen by minister Wang Wentao.

What does mofcom do?

MOFCOM’s responsibilities include: Formulating administrative regulations and policies. Supervising the compliance of the information reporting obligation performed by foreign investors and foreign-invested enterprises (FIEs). Performing national security reviews regulated under China’s M&A legislation.

Who is in charge of trade in China?

It is in charge of the administration of foreign trade pursuant to the Foreign Trade Law. The current Commerce minister is Wang Wentao….Ministry of Commerce (China)

Who is the China Foreign Ministry spokesperson?

Zhao Lijian (Chinese: 赵立坚; pinyin: Zhào Lìjiān; born 10 November 1972) is a Chinese politician and the deputy director of the Chinese Ministry of Foreign Affairs Information Department. He is the 31st spokesperson since the position was established in 1983.

What is the doc in government?

The Department of Commerce (DOC) is the cabinet department in the U.S. government that deals with business, trade, and commerce to ensure economic vitality. The Department of Commerce is run by the secretary of commerce, a presidential cabinet post confirmed by the Senate.

What is mofcom scholarship?

MOFCOM scholarship is sponsored by the Ministry of Commerce(MOFCOM) of People’s Republic of China, designed to foster high-end business officials and managerial personnel for the friendly developing countries, offering master and doctoral programs for the purpose of educating high-end and inter-disciplinary talent …

Is China still in WTO?

China has been a member of WTO since 11 December 2001.

Who is foreign minister of India now?

The current Minister of External Affairs is Subrahmanyam Jaishankar, succeeding Sushma Swaraj of the Bharatiya Janata Party on 30 May 2019.

Who is the current foreign minister of Afghanistan?

Biography – His Excellency Mawlawi Amir Khan Muttaqi, Minister of Foreign Affairs of the Islamic Emirate of Afghanistan.

What Doc means?

doctor
: doctor —used chiefly as a familiar term of address. doc. abbreviation.

What is Doc stand for?

Doc, an abbreviation of doctor.

Can I report a Chinese company to trading standards?

You can take your complaint to the State Administration of Industry and Commerce (SAIC), which oversees consumer protection in China.

Where can I complain about a Chinese company?

The Chinese Ministry of Commerce operates a complaint line in English for firms to register complaints about Chinese businesses. You can lodge complains and request assistance through their online service (English language only)

Why did China join WTO so late?

China aimed to be included as a WTO founding member (which would validate it as a world economic power) but this attempt was thwarted because the United States, European countries, and Japan requested that China first reform various tariff policies, including tariff reductions, open markets and industrial policies.

What does WTO do for China?

It promotes freer trade by requiring all members to adhere to certain principles, emphasizing low and predictable trade barriers. In exchange, members are guaranteed better deals with other WTO member countries.

How can the US trade office in China help you?

Every day, we advocate on behalf of U.S. firms for easier market entry. Trade professionals in each of our regional offices in China – at the U.S. Embassy in Beijing and the four U.S. Consulates in Guangzhou, Shanghai, Shenyang, and Wuhan – can help you discover export opportunities and identify local distributors and representatives.

When was the Ministry of Foreign Trade established in China?

In November 1949, a month after the People’s Republic of China was established, the Communist Party of China 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).

What is the role of the Foreign Trade Commission?

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 of the Mainland China.

What is the role of China’s Commerce Minister?

It is in charge of the administration of Mainland China’s foreign trade pursuant to the Foreign Trade Law. The current Commerce minister is Wang Wentao . 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.