Ministry of Foreign Economic Relations and Trade
Ministry of Foreign Economic Relations and Trade : The People's Republic of China (PRC) Ministry of Foreign Economic Relations and Trade, MOFERT, was established in March 1982 by combining former separate ministries. MOFERT implements national trade policies through administrative actions, drafting laws and issuing foreign trade regulations. MOFERT does not engage in foreign trade transactions but facilitates the foreign trading corporations (FTCs) which do
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