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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.
Food and agriculture

China to boost frozen pork reserves as hog prices tumble to multi-year troughs

The national average hog price fell to an eight-year low of 10.68 yuan per kg in the fourth week of March.

Explaining China’s trade probe announcements

China launches investigations into US trade practices. Why now?

Washington’s measures may breach WTO rules and past agreements, commerce ministry says.

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