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What is China Council for the Promotion of International Trade mean?
The China Council for the Promotion of International Trade (simplified Chinese: 中国国际贸易促进委员会; traditional Chinese: 中國國際貿易促進委員會; pinyin: Zhōngguó Guójì Màoyì Cùjìn Wěiyuánhuì; CCPIT) is a trade body founded in 1952. It also goes by the name of the China Chamber of International Commerce (Chinese: 中国国际商会, CCOIC).
The CCPIT develops business cooperation and exchanges with foreign countries and has long been associated with the People's Republic of China's united front strategy. It is charged with organizing trade fairs and events in promotion of the Belt and Road Initiative. 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.
referencePosted on 27 Sep 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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