All-China Federation of Industry and Commerce

Hu Jintao with George W. Bush

The All-China Federation of Industry and Commerce (ACFIC; simplified Chinese: 中华全国工商业联合会; traditional Chinese: 中華全國工商業聯合會; pinyin: Zhōnghuá quánguó gōngshāngyè liánhéhuì) is a non-governmental chamber of commerce, established in 1953 as a successor to the chambers of commerce that were first founded during the Qing Dynasty. Today, it consists of Chinese industrialists and business people under the leadership of the United Front Department of the Communist Party of China, as well as being a constituent organization of the National Committee of the Chinese People’s Political Consultative Conference and the holder of a number of seats in the National People's Congress. The organization assists the government in managing China's private economy and acts as a bridge between the private sector and the government.[1]

Core functions

The core responsibilities of the ACFIC are to:[1]

Structure

The agency is structured into the following departments:[2]

Leadership

Since November 2002, the ACFIC has been led by Chairman Huang Mengfu (Chinese: 黄孟复), who, like his predecessors, is also a vice chairman of the CPPCC National Committee, ranking as a national leader of China. His predecessor was Jing Shuping, founder of the first private bank in modern China and the son of a well-known entrepreneur of the later Qing Dynasty.

First vice-chairman of the ACFIC is Quan Zhezhu (Chinese: 全哲洙), a deputy minister of the United Front Department of the CPC Central Committee originally from Jilin. ACFIC has another 23 vice-chairpersons, most of them private entrepreneurs.[3]

Regional federations

More than 3,000 regional federations of industry and commerce (FIC) have been established in all provinces and prefectures and most counties of China. As of 2009, they listed a combined membership of 2.6 million private enterprises. The relationship between ACFIC and the regional FIC is described as a role of guidance, but the statute of ACFIC is also valid for the regional federations.[4]

See also

References

External links

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