Ministry Of Commerce Of The People's Republic Of China

The Ministry of Commerce of the People's Republic of China (MOFCOM) is one of the ministries of the State Council of China. The current minister is Bo Xilai. 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).

Current Ministers of MOFCOM

MOFCOM and the CEPA

MOFCOM's responsibility includes the gradual integration of the economies of the Special Administrative Regions of Hong Kong and Macau with the Economy of the People's Republic of China. To that end the Vice Minister An Min in charge of Hong Kong and Macau and the Financial Secretary of Hong Kong, Henry Tang Ying-yen, continually negotiate new agreements under the auspices of the Closer Economic Partnership Arrangement (CEPA).

External link

 

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