China Council for the Promotion of International Trade

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China Council for the Promotion of International Trade
中国国际贸易促进委员会
Formation1952; 74 years ago (1952)
TypePeople's organization
Headquarters1 Fuxingmenwai Street, Xicheng District, Beijing
Parent organization
Ministry of Commerce
China Council for the Promotion of International Trade
Simplified Chinese中国国际贸易促进委员会
Traditional Chinese中國國際貿易促進委員會
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Guójì Màoyì Cùjìn Wěiyuánhuì
Abbreviation
Simplified Chinese中国贸促会
Traditional Chinese中國貿促會
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Màocùhuì
China Chamber of International Commerce
Simplified Chinese中国国际商会
Traditional Chinese中國國際商會
Transcriptions
Standard Mandarin
Hanyu PinyinZhōngguó Guójì Shānghuì

The China Council for the Promotion of International Trade (CCPIT), also called the China Chamber of International Commerce (CCOIC), is a trade body founded in 1952.[1][2] CCPIT is controlled by the Ministry of Commerce.[3][4]

History

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In response to the COVID-19 pandemic, CCPIT was charged with issuing force majeure certificates to Chinese companies unable to meet their contractual trade obligations.[5] In September 2023, CCPIT criticized the CHIPS and Science Act.[6]

Functions

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The CCPIT develops business cooperation and exchanges with foreign countries and has long been associated with the Chinese Communist Party's united front strategy.[1][7][4] It is charged with organizing trade fairs and events in promotion of the Belt and Road Initiative.[8]

See also

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References

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