Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Ministry of Commerce (China)?
Summarize this article for a 10 year old
The Ministry of Commerce (MOFCOM) is a executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition (competition regulator) and negotiating bilateral and multilateral trade agreements. it is the 20th-ranking department of the State Council. The current minister is Wang Wentao.
Zhōnghuá Rénmín Gònghéguó Shāngwùbù
|Formed||March 2003; 20 years ago (2003-03)|
|Type||Constituent Department of the State Council (cabinet-level)|
|Jurisdiction||Government of China|
|Deputy Ministers responsible|
|Parent agency||State Council|
|Ministry of Commerce|
Oops something went wrong: