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All China Federation of Industry and Commerce
All China Federation of Industry and Commerce
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Established in 1953 and under the leadership of CPC, the All-China Federation of Industry and Commerce, also called the All-China General Chamber of Commerce of the Private Sector, is a people's group and chamber of commerce with the enterprises and personages of the non-public economic sector as its main body, a channel for the CPC and the government to liaise with the personages of the non-public sector, an aide to the government in administering and serving the non-public economy. ACFIC's work is a key component of the CPC's united front and economic work. ACFIC is a key organization of the CPC-led united front and a key unit of the People's Political Consultative Conference, with basic characteristics of the united front, the economy and the non-public sector.
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  • By Song Mengxing(China Daily)2017-03-24 07:13

    China Minsheng Investment Group, one of China's biggest private investment companies, has made outstanding achievements in serving national strategies such as the Belt and Road Initiative and development of the private economy, according to the company. The Belt and Road Initiative refers to a strat...

  • By Wang Hongyi In Zhengzhou(China Daily)2017-03-23 07:38

     Robert Taubman, chairman, president and chief executive officer of Taubman Centers, and Liu Yi, chairman of Wangfujing Group, attend the opening ceremony of the CityOn.Zhengzhou Shopping Center, invested in by the two companies, on March 16. Provided to China DailyLeading mall investor and operato...

  • By Su Zhou(China Daily)2017-02-22 07:26

    Coming up with good ideas is better than a large quantity, officials say Quality should take precedence over quantity when it comes to proposals from members of China's top political advisory body, officials said on Tuesday. The total number of proposals from the National Committee of the Chinese ...

  • By Zhang Yunbi(China Daily)2017-01-21 07:17

    The Chinese economy has run within reasonable range in the past year, and the country will effectively stabilize its growth and guard against risks this year, Premier Li Keqiang said. "We have the confidence and capability in tackling challenges in various fields" to promote the stable and healthy ...

  • (Xinhua)2016-12-09 10:17

    BEIJING - Environment tax will become one of the Chinese government's weapons in fighting chronic and intractable pollution in the coming years. The State Council rendered a draft environment tax law to China's top legislature for the first reading in August, and it vowed earlier this week to introd...

  • By Zhou Mo In Macao(China Daily)2016-10-17 10:52

    Tourism forum urged to maximize use of technology to breathe new life into business Global tourism, which is undergoing challenges amid an economic slowdown, should take full advantage of the opportunities brought by technological development and the Belt and Road Initiative to achieve sustainable g...

  • By Chi Fulin(China Daily USA)2016-09-12 08:01

    The government is determined to rejuvenate the northeastern region. And to achieve its goal, the government has to focus on the reform of State-owned enterprises, because that is the key to the economic transformation of lackluster old industrial bases. The reform of SOEs, which comprise a large pro...

  • By Chi Fulin(China Daily)2016-09-12 07:56

    Workers at a steel factory in Dalian, Liaoning province. [Photo/China Daily]The government is determined to rejuvenate the northeastern region. And to achieve its goal, the government has to focus on the reform of State-owned enterprises, because that is the key to the economic transformation of lac...

  • By Yang Ziman In Xiamen(China Daily)2016-09-10 07:11

    Chinese firms' foreign buys make the nation a source of capital for developing countries The aggressive acquisition by Chinese companies of foreign enterprises has been one of the main drivers for China's steadily rising outbound foreign direct investment. The country's outbound FDI stood at $128 bi...

  • By Zhuan Ti(China Daily)2016-09-08 07:00

    Ministry of Commerce is sponsoring 12 discussions on hot topics at the fair A forum on global investment flows on Thursday, after the recently concluded G20 Summit, is expected to ignite a new wave of brainstorming on the future of the global economic recovery and investment. China's richest man, ...

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