China Council for the Promotion of International Trade

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Template:ChineseThe 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

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

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

References

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External links

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