What does CCPIT mean in Council?
This page is about the meanings of the acronym/abbreviation/shorthand CCPIT in the Governmental field in general and in the Council terminology in particular.
China Council for the Promotion of International Trade
Submitted by wikidude on September 12, 2019
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Definition
What does CCPIT mean?
- China Council for the Promotion of International Trade
- The China Council for the Promotion of International Trade (simplified Chinese: 中国国际贸易促进委员会; traditional Chinese: 中國國際貿易促進委員會; pinyin: Zhōngguó Guójì Màoyì Cùjìn Wěiyuánhuì; CCPIT) is a trade body founded in 1952. It also goes by the name of the China Chamber of International Commerce (Chinese: 中国国际商会, CCOIC). CCPIT is under the Ministry of Commerce.The CCPIT develops business cooperation and exchanges with foreign countries and has long been associated with the Chinese Communist Party's united front strategy. It is charged with organizing trade fairs and events in promotion of the Belt and Road Initiative. In response to the COVID-19 pandemic, CCPIT was charged with issuing force majeure certificates to Chinese companies unable to meet their contractual trade obligations.
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