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Ministry of Commerce (China)

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Ministry of Commerce (China):
The Ministry of Commerce of the People's Republic of China (MOFCOM), is a Cabinet-level executive agency of the State Council of China. It is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition and negotiating bilateral and multilateral trade agreements. It is in charge of the administration of China's foreign trade pursuant to the Foreign Trade Law. The current Commerce minister is Zhong Shan.

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