Historical Organization

Ministry of Foreign Economic Relations and Trade

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Economic reforms in China 📍 China

Ministry of Foreign Economic Relations and Trade

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Organization Timeline

Foreign-funded enterprise law broadens investment forms

📅 12 April 1986

The National People’s Congress adopted the Law on Wholly Foreign-Owned Enterprises, extending the legal forms available to overseas investors. Chinese authorities sought capital, technology and export...

Foreign trade contracting gives firms more export responsibility

📅 1 April 1991

The trade responsibility system expanded enterprise and local authority to negotiate foreign trade while requiring them to bear more of the financial results. It reduced direct administrative...

Foreign-invested enterprise rules deepen integration with global capital

📅 1 July 1992

Regulatory changes in 1992 simplified the approval and operation of foreign-invested firms and reinforced export-oriented production. The state continued to negotiate entry conditions and select...