What are the state-owned foreign trade companies?

State-owned foreign trade companies include China Council for the Promotion of International Trade, China International Trade Center Co., Ltd. and China Electromechanical Import and Export Corporation.

China Council for the Promotion of International Trade, established in 1952, is a national foreign trade and investment promotion agency.

2. China International Trade Center Co., Ltd., established in February 1985, is a large Sino-foreign joint venture approved by the State Council.

3. Established in 1950, China Electromechanical Import and Export Corporation is the earliest large-scale state-owned foreign trade company in China, mainly engaged in the import and export of electromechanical products and international engineering contracting business.