China Council for the Promotion of International Trade

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The China Council for the Promotion of International Trade (CCPIT), also called the China Chamber of International Commerce (CCOIC), is a trade body founded in 1952. CCPIT is controlled by the Ministry of Commerce.

History

In response to the COVID-19 pandemic, CCPIT was charged with issuing force majeure certificates to Chinese companies unable to meet their contractual trade obligations. In September 2023, CCPIT criticized the CHIPS and Science Act.

Functions

The CCPIT develops business cooperation and exchanges with foreign countries and has long been associated with the Chinese Communist Party's united front strategy. It is charged with organizing trade fairs and events in promotion of the Belt and Road Initiative.

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