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18-857: Before October 1949, the Ministry of Economic Affairs was the governing agency of the Republic of China on the mainland responsible for economic trade issues. The agency was created in 1931 and reorganized in 1937. In November 1949, a month after the People's Republic of China was established, the Chinese Communist Party formed the Ministry of Trade (贸易部) while the MOEA continued to operate in Taiwan and several other islands . In August 1952,

36-576: A number of state owned enterprises reporting to it. They are: Political Party:     Chinese Youth Party     Kuomintang    Non-partisan/unknown † Died in office. The MOEA building is accessible by walking distance West of Guting Station of the Taipei Metro on the Orange Line . Anti Monopoly Law of China The Anti-Monopoly Law of China ( Chinese : 反垄断法 ; pinyin : Fǎn Lǒngduàn Fǎ )

54-534: Is in charge of the administration of foreign trade and is China's primary foreign trade negotiator. MOFCOM also deals with foreign investment regulation. It works with the National Development and Reform Commission (NDRC) to draft negative lists for foreign investments at the national level and for special economic zones . MOFCOM certifies Chines firms' international contracting business; Chinese contractors performing work abroad must obtain letters from

72-508: Is the main legal statute that regulates competition law in the People's Republic of China. The National People's Congress passed it in 2007 and it came into effect on 1 August 2008. The Anti-Monopoly Law provides a basis for investigating unreasonable intellectual property licensing fees. China's first comprehensive antitrust law was the Anti-Monopoly law which was passed in 2007 and became effective in 2008. In June 2022,

90-796: Is the ministry of the Republic of China ( Taiwan ) responsible for formulating policy and laws for industry and trade, foreign direct investment , energy, minerals, measurement standards, intellectual property , state-owned enterprises . The ministry is a cabinet level government agency of the Executive Yuan . The executive agency promotes industrial and economic policies which allows economic activity and growth, increased employment and investments in sector which are critical to Taiwan's economy . Taiwan's main exports are electronics , computers , telecommunications equipment, industrial design services and creative industries / culture . MOEA

108-567: The Chinese Civil War . The Ministry of Economic Affairs is very important in the management of Taiwan's economy. It manages a number of statutory bodies and state owned enterprises. The internal structure of the MOEA: The Ministry of Economic Affairs is responsible for the entire Taiwanese economy. It has a number of statutory administrative agencies reporting under it. They are: The Ministry of Economic Affairs have

126-693: The State Administration for Market Regulation was created, and it became China's primary antitrust regulator. It continues to have some overlap of responsibilities with the NDRC and the Ministry of Industry and Information Technology. In February 2015, the National Development and Reform Commission (NDRC) completed an investigation into Qualcomm , finding that they violated the Anti-Monopoly Law by imposing unreasonable requirements for patent licensing. The fine imposed on Qualcomm

144-416: The Anti-Monopoly Law was split between the Ministry of Commerce (which regulated mergers), the National Development and Reform Commission (NDRC) (which conducted antitrust investigations), and the State Administration for Industry and Commerce (which also conducted antitrust investigations). Regulatory duties overlapped, and there was bureaucratic competition between these government bodies. In 2018,

162-541: The MOFCOM Economic and Commercial Office at the Chinese embassy in the host country. MOFCOM additionally is responsible for developing strategic national plans in the areas of finance and taxation, drafts the central financing budget, supervises central financial expenditures, and audits the budget and accounts of state capital and the national social insurance fund. MOFCOM is China's most important negotiator in

180-541: The Ministry of Foreign Economic Relations and Trade was renamed to the Ministry of Foreign Trade and Economic Cooperation (对外贸易经济合作部). In the spring of 2003, the former Ministry of Foreign Trade and Economic Cooperation went through a reorganization and was renamed Ministry of Commerce. During 2003, the Ministry established Forum Macao in the Macao Special Administrative Region as a multi-lateral mechanism for cooperation between China and

198-636: The Ministry was renamed to Ministry of Foreign Trade (对外贸易部). Ye Jizhuang was the first Minister and died in the post in 1967. In March 1982, the Ministry of Foreign Trade was merged with the Ministry of Foreign Economic Liaison (对外经济联络部), the State Import and Export Regulation Commission (国家进出口管理委员会), and the State Foreign Investment Regulation Commission (国家外国投资管理委员会), and became the Ministry of Foreign Economic Relations and Trade (对外经济贸易部). In March 1993,

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216-806: The Portuguese-speaking countries. In 2006, the Ministry of Commerce oversaw the program of "ten thousand businesses advance westward" in conjunction with the Hu-Wen administration 's early emphasis on balancing regional development. The ministry also incorporates the former State Economic and Trade Commission and the State Development Planning Commission. In 2018, the ministry lost powers and responsibilities regarding anti-monopoly, intellectual property , counterfeit goods, foreign aid , and some financial products to other departments. Coordinating foreign aid became

234-706: The auspices of the CEPA. Similar agreements were also concluded between the MOFCOM and Secretariat for Economy and Finance of Macau . In the first decade after the institution of China's Anti-Monopoly Law (2008–2018), MOFCOM was responsible for regulation of mergers under the law. Other antitrust investigations were handled by the State Administration of Industry and Commerce and the NDRC. During that period, MOFCOM prohibited two mergers and imposed remedies in 36 transactions, all of which involved foreign multinational corporations . The State Administration for Market Regulation

252-543: The final version of the revised Anti-Monopoly Law (AML) was released by the Standing Committee of the National People's Congress (NPCSC) of China. It specifically targets anti-competitive behavior facilitated by the application of technology, significantly increases the maximum fines for violations, and aims to prevent abuses by administrative organizations. Before 2018, regulatory power for enforcing

270-597: The global governance of intellectual property . MOFCOM additionally has responsibilities on economic relations with Hong Kong, Macau and Taiwan. To that end the Vice Minister An Min , and the previous Financial Secretary of Hong Kong , Antony Leung , concluded the Closer Economic Partnership Arrangement (CEPA). New agreements are continually negotiated between An and the current Financial Secretary John Tsang under

288-421: The responsibility of the newly created China International Development Cooperation Agency (CIDCA). MOFCOM had tended to emphasize the use of aid to support foreign trade objectives, whereas CIDCA has increasingly emphasized the use of aid to support foreign policy objectives. MOFCOM continues to have a role in foreign aid through implementing overseas projects and selecting the firms to undertake them. MOFCOM

306-651: Was created and became China's primary antitrust regulator in 2018. MOFCOM assists in drafting laws and regulations in its relevant policy areas. A ministerial-level MOFCOM vice minister serves as the International Trade Representative, representing China at bilateral and multilateral trade agreements. The Ministry of Commerce is structured into the following departments: Ministry of Economic Affairs (Taiwan) The Ministry of Economic Affairs ( MOEA ; Chinese : 經濟部 ; pinyin : Jīngjìbù ; Pe̍h-ōe-jī : Keng-chè-pō͘ )

324-567: Was initially established in June 1931 as National Economic Council by the Executive Yuan . In December 1931, the council was merged with other organizations to create the Ministry of Basic Industries . In December 1937, the ministry was reorganized as the Ministry of Economic Affairs . The MOEA continued to function in Taiwan since 1949 after the Kuomintang was defeated on the mainland during

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