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China Other Organizations Involved in Trade
The State Council's State Planning Commission and State
Economic Commission were involved in long-term planning for the
development of foreign trade, and they developed national
priorities for imports and exports. Several other organizations
under the State Council were also involved in foreign trade
matters: the Special Economic Zones Office, State Import and Export
Commodities Inspection Administration, General Administration of
Customs, and China Travel and Tourism Bureau. The China Council for
the Promotion of International Trade (CCPIT) assisted the Ministry
of Foreign Economic Relations and Trade in foreign trade relations.
CCPIT handled trade delegations to and from China, organized
foreign trade exhibitions in China and Chinese exhibitions in other
countries, and published periodicals promoting Chinese trade. The
People's Insurance Company of China expanded its operations in 1980
for the purpose of encouraging foreign trade. New categories of
coverage offered to foreign firms included compensatory trade,
satellite launching, nuclear power plant safety, offshore oil
development insurance, insurance against contract failure, and
insurance against political risk.
Data as of July 1987
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