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Ministry of Commerce (China)

Ministry of Commerce (China)
The Ministry of Commerce (MOFCOM) of the People’s Republic of China: A prominent Beijing-based governmental body, MOFCOM is a cabinet-level executive department of the State Council. Its primary mission is to formulate policies on domestic and foreign trade, economic cooperation, and market regulation, promoting China’s economic development and trade. Key activities include overseeing inbound and outbound investment, drafting trade laws, and negotiating international trade agreements. MOFCOM plays a significant role in forging China’s global economic policy and is instrumental in attracting foreign investment and optimising the business environment.
China-Latin America relations

Beijing rejects US tariff report as Mexico plans new China trade curbs

He Yadong says US levies threaten supply chains, while Mexico considers new duties on Chinese steel and textiles.

videocam

China urges US to drop sweeping drone tariffs, warns of supply chain fallout

China eyes rural markets, local town centres to tackle national consumption woes

The nation is looking beyond its higher-tier cities like Beijing and Shanghai to address weak domestic demand.

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