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All-China Federation of Industry and Commerce

Non-governmental chamber of commerce in China / From Wikipedia, the free encyclopedia

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The All-China Federation of Industry and Commerce (ACFIC; Chinese: 中华全国工商业联合会; pinyin: Zhōnghuá Quánguó Gōngshāngyè Liánhéhuì), also called the All-China Chamber of Industry and Commerce (ACCIC; Chinese: 中国民间商会) is a people's organization and chamber of commerce, established in 1953 as a successor to the chambers of commerce that were first founded during the Qing dynasty.

Quick facts: Abbreviation, Formation, Founder, Type, Legal...
All-China Federation of Industry and Commerce
FounderChen Shutong
TypeBusiness association
Legal statusPeople's organization
4.71 million
Key people
Gao Yunlong
Xu Lejiang
(Executive Vice Chairman) (in English) (in Chinese)

Today, it consists of Chinese industrialists and business people under the leadership of the United Front Work Department of the Chinese Communist Party (CCP), as well as being a constituent organization of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and the holder of a number of seats in the National People's Congress. The organization assists the government in managing China's private sector economy and acts as a bridge between the private sector entities and the government.[1][2][3]

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