Ministry of Commerce (China)
Chinese government ministry
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![Ministry of Commerce (China): Chinese government ministry](https://www.newsr.in/en/knowledge/Ministry-of-Commerce-of-the-People-s-Republic-of-China_20190213.jpg)
The Ministry of Commerce (MOFCOM) is a executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition and negotiating bilateral and multilateral trade agreements. it is the 20th-ranking department of the State Council. The current minister is Wang Wentao.
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