Ministry of Commerce of the People's Republic of China

Ministry of Commerce of the People's Republic of China
中华人民共和国商务部
Zhōnghuá Rénmín Gònghéguó Shāngwùbù
Logo of MOFCOM
Agency overview
Formed March 2003
Preceding agency
  • Ministry of Foreign Trade and Economic Co-operation
Type Ministry
Jurisdiction  People's Republic of China
Headquarters Beijing
Minister responsible
Parent agency State Council
Website www.mofcom.gov.cn

The Ministry of Commerce of the People's Republic of China (MOFCOM), is an 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 and negotiating bilateral and multilateral trade agreements. The current Commerce minister is Zhong Shan.

History

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 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). 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).

 
Ministry of Trade
(1949)
 
 
 
 
 
 
 
 
 
Ministry of Foreign TradeMinistry of Foreign Economic liaisonState Import and Export Regulation CommissionState Foreign Investment Regulation Commission
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ministry of Foreign Trade and Economic Co-operation
(1993)		State Economic and Trade CommissionState Development Planning Commission
(1998)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ministry of Commerce
(2003)
 

List of ministers

NameTook officeLeft office
Minister of Trade
Ye JizhuangOctober 19491952
Minister of Foreign Trade
Ye Jizhuang[1]1952June 1967
acting Lin Haiyun (林海云)[1]September 1965June 1970
Bai Xiangguo (白相国)[1]June 1970October 1973
Li Qiang[1]October 1973September 1981
Zheng TuobinSeptember 1981March 1982
Minister of Foreign Economic Relations and Trade
Chen MuhuaMarch 1982March 1985
Zheng TuobinMarch 1985December 1990
Li LanqingDecember 1990March 1993
Minister of Foreign Trade and Economic Co-operation
Wu YiMarch 1993March 1998
Shi GuangshengMarch 1998March 2003
Minister of Commerce
Lü FuyuanMarch 2003February 2004
Bo XilaiFebruary 2004December 2007
Chen DemingDecember 200716 March 2013
Gao Hucheng16 March 201324 February 2017
Zhong Shan24 February 2017Incumbent

Departmental structure

The Ministry of Commerce is structured into the following departments:[2]

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

Acting Assistant Attorney General for the Antitrust Division Joseph Wayland and FTC Chairman Jon Leibowitz with MOFCOM Vice Minister Gao Hucheng and State Administration for Industry and Commerce (SAIC) Vice Minister Teng Jiacai on September 25, 2012.

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.

References

  1. 1 2 3 4 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.
  2. ↑ Archived April 1, 2008, at the Wayback Machine.

See also

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