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.
CCPIT is controlled by the
Ministry of Commerce.
History
In response to the
COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, CCPIT was charged with issuing ''
force majeure'' certificates to Chinese companies unable to meet their contractual trade obligations. In September 2023, CCPIT criticized the
CHIPS and Science Act.
Functions
The CCPIT develops business cooperation and exchanges with foreign countries and has long been associated with the
Chinese Communist Party
The Communist Party of China (CPC), also translated into English as Chinese Communist Party (CCP), is the founding and One-party state, sole ruling party of the People's Republic of China (PRC). Founded in 1921, the CCP emerged victorious in the ...
's
united front
A united front is an alliance of groups against their common enemies, figuratively evoking unification of previously separate geographic fronts or unification of previously separate armies into a front. The name often refers to a political and/ ...
strategy.
It is charged with organizing trade fairs and events in promotion of the
Belt and Road Initiative
The Belt and Road Initiative (BRI or B&R), known in China as the One Belt One Road and sometimes referred to as the New Silk Road, is a global infrastructure development strategy adopted by the government of China in 2013 to invest in more t ...
.
See also
*
China International Contractors Association
*
China Investment Promotion Agency
References
External links
*
{{DEFAULTSORT:China Council For The Promotion Of International Trade
Chambers of commerce
Foreign trade of China
Auto show organizers
Organizations established in 1952
1952 establishments in China
Investment promotion agencies
Chinese investment abroad
Organizations associated with the Chinese Communist Party
United front (China)
Technology transfer
1952 in Beijing