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All-China Federation Of Industry And Commerce
The All-China Federation of Industry and Commerce (ACFIC; ) is a non-governmental chamber of commerce, established in 1953 as a successor to the chambers of commerce that were first founded during the Qing dynasty. 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 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. Core functions The core responsibilities of the ACFIC are to: * Increase communications between the government and the private economy; * Assist the government in managing the private economy; * Participate in political consultation of national policies and ...
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Chamber Of Commerce And Industry
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a President, CEO, or Executive Director, plus staffing appropriate to size, to run the organization. A chamber of commerce may be a voluntary or a mandatory association of business firms belonging to different trades and industries. They serve as spokespeople and representatives of a business community. They differ from country to country. History The first chamber of commerce was founded in 1599 in Marseille, France, as the "Chambre de Commerce". Another official chamber of commerce followed 65 years later, probably in Bruges, then part of the S ...
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Jing Shuping
Jing Shuping (, 7 July 1918 – September 14, 2009) was a Chinese businessman who founded the Minsheng Bank, the first privately owned bank to open in the Communist People's Republic of China, in 1996. Jing Shuping graduated from Saint John's University in Shanghai in 1939. He was Chairman of the All-China Federation of Industry and Commerce and Vice Chairman of the Chinese People's Political Consultative Conference until 2002, and held the rank of a national leader of China. He also became a director within the China International Trust and Investment Corp, which is now known as the CITIC Group, the Chinese government's state-owned investment group. Jing founded Minsheng Bank in 1996. He resigned as chairman of the bank in 2006 citing declining health. However, he remained the honorary chairman of the bank following his retirement. Additionally, Jing opened China's first law firm, consulting firm and accounting firm since the 1949 Chinese Revolution. Jing Shuping died ...
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Organizations Established In 1953
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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Politics Of China
The People's Republic of China is run by a single party, the Chinese Communist Party (CCP), headed by the CCP General Secretary who tends to be the paramount leader of China. China is among few contemporary party-led dictatorships to not hold any direct elections at the national level. State power within the People's Republic of China (PRC) is exercised through the CCP, the State Council, and its provincial and local representation. The state uses , secret documents produced by Xinhua News Agency as a form of internal intelligence sharing to keep high-level CCP cadres informed of developments within the country. China's two special administrative regions (SARs), Hong Kong and Macau, have multi-party systems separate from the mainland's one-party system. Aside from the SARs, the PRC consists of 22 provinces (excluding Taiwan Province and ROC-controlled Fujian), four directly administered municipalities (Beijing, Shanghai, Tianjin, and Chongqing), and five autonomous regions ( ...
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Industry In China
Industry was 39.9% of China's gross domestic product (GDP) in 2017. In 2007, industry (including mining, manufacturing, construction, and power) contributed 46.7 percent of GDP in 2010 and occupied 27 percent of the workforce. In 2015, the manufacturing industrial sectors contributed to 40% of China's GDP. The manufacturing sector produced 44.1 percent of GDP in 2004 and accounted for 11.3 percent of total employment in 2006. China is the world's leading manufacturer of chemical fertilizers, cement, and steel. Prior to 1978, most output was produced by state-owned enterprises. As a result of the economic reforms that followed, there was a significant increase in production by enterprises sponsored by local governments, especially townships and villages, and, increasingly, by private entrepreneurs and foreign investors, but by 1990 the state sector accounted for about 70 percent of output. By 2002 the share in gross industrial output by state-owned and state-holding industries had ...
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Chambers Of Commerce
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a President, CEO, or Executive Director, plus staffing appropriate to size, to run the organization. A chamber of commerce may be a voluntary or a mandatory association of business firms belonging to different trades and industries. They serve as spokespeople and representatives of a business community. They differ from country to country. History The first chamber of commerce was founded in 1599 in Marseille, France, as the "Chambre de Commerce". Another official chamber of commerce followed 65 years later, probably in Bruges, then part of the ...
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Trade In China
The Old China Trade () refers to the early commerce between the Qing Empire and the United States under the Canton System, spanning from shortly after the end of the American Revolutionary War in 1783 to the Treaty of Wanghia in 1844. The Old China Trade represented the beginning of relations between the United States and East Asia, including eventually U.S.–China relations. The maritime fur trade was a major aspect of the Old China Trade, as was illegal trafficking in opium. The trade era overlapped the First Opium War, which resulted from an attempt by China to enforce its prohibition on opium smuggling by Western traders and blockade-runners between 1839–1842. Origins Anglo-American hostilities ceased in 1783 following the Second Treaty of Paris (1783), Treaty of Paris that ended the American Revolutionary War and subsequently freed American trade from British control. At the time, increased global demand for tea was one of the primary reasons for a shortage of silver; ...
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Organizations Associated With The Chinese Communist Party
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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Technological And Industrial History Of China
The technological and industrial history of China is extremely varied, and extensive. China's industrial sector has shown great progress using most of its technology from the 1950s. Overview By the mid-1980s, industrial reforms had achieved substantial success in some areas. A wide range of modern industries had been established; The country was one of the world's leading producers of coal, textiles, and bicycles. There were major plants in almost every key industry. Light-industry output of consumer goods had increased dramatically. In some cases, enterprises reduced operating costs. Managers were able to exercise greater autonomy and technical innovations were implemented to increase efficiency. Major problems included: failure to reform pricing systems, interference of local cadres in manager's operation of enterprises, and perpetuation of the life tenure, " iron rice bowl" system for workers. Rapid industrial growth made energy shortages one of the most critical pro ...
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Administrative Divisions Of The People's Republic Of China
The administrative divisions of China have consisted of several levels since ancient times, due to China's large population and geographical area. The constitution of China provides for three levels of government. However in practice, there are five levels of local government; the provincial (province, autonomous region, municipality, and special administrative region), prefecture, county, township, and village. Since the 17th century, provincial boundaries in China have remained largely static. Major changes since then have been the reorganisation of provinces in the northeast after the establishment of the People's Republic of China and the formation of autonomous regions, based on Soviet ethnic policies. The provinces serve an important cultural role in China, as people tend to identify with their native province. Levels The Constitution of China provides for three levels: the provincial, the county level, and the township level. However, in practice, there are four levels ...
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Prefectures Of China
In the context of China, the term ''prefecture'' is used to refer to several unrelated political divisions in both ancient and modern China. In modern China, a prefecture is formally a kind of prefecture-level division. There are 339 prefecture-level divisions in China. These include 7 prefectures, 299 prefecture-level cities, 30 autonomous prefectures and 3 leagues. Other than provincial level divisions, prefectural level divisions are not mentioned in the Chinese constitution. Types of prefectural level divisions Prefecture Prefectures are administrative subdivisions of provincial-level divisions. The administrative commission () is an administrative branch office with the rank of a national ministerial department () and dispatched by the higher-level provincial government. The leader of the prefecture government, titled as prefectural administrative commissioner (), is appointed by the provincial government. Instead of local people's congresses, the prefecture's wor ...
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Provinces Of China
The provincial level administrative divisions () are the highest-level administrative divisions of China. There are 34 such divisions claimed by the People's Republic of China, classified as 23 provinces (), five autonomous regions, four municipalities and two special administrative regions. The political status of Taiwan Province along with a small fraction of Fujian Province remain in dispute; those are under separate rule by the Republic of China, which is usually referred to as "Taiwan". Every province on Mainland China (including the island province of Hainan) has a Chinese Communist Party (CCP) provincial committee (), headed by a secretary (). The Committee Secretary is effectively in charge of the province, rather than the governor of the provincial government. The same arrangement exists for the autonomous regions and municipalities. Types of provincial level divisions Province The government of each standard province () is nominally led by a provincial committe ...
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