China Stresses Role of Commerce Chambers in Foreign Trade

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Last updated at: (Beijing Time) Saturday, December 29, 2001

China Stresses Role of Commerce Chambers in Foreign Trade

Chambers of commerce for foreign trade in China will play a bigger role after the country joins the World Trade Organization (WTO), and they should strengthen coordination and cooperation, a senior trade official said Friday.

This is what must be done to promote China's foreign trade and economic cooperation, Vice Minister of Foreign Trade and Economic Cooperation Sun Zhenyu said at a reception for the establishment of the "Joint Committee Office of China Chambers of Commerce For Foreign Trade and Economic Cooperation."

The Joint Committee Office, through studying common challenges, proposing suggestions, organizing research and promoting exchanges among commerce chambers, will put more stress on the liaison role of chambers of commerce, the office's head Li Huifen said.

The Joint Committee Office consists of China's seven major chambers of commerce for the import and export of machinery and electronic products, textiles, light industrial products and arts and crafts, minerals and chemicals, foodstuffs and animal products, and medicine and health products, as well as for contracting overseas civil engineering projects.

The seven chambers of commerce have a total of 20,000 member enterprises, which are major players of their respective fields.

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