Not exactly. China International Trade Center Co., Ltd. (hereinafter referred to as "China International Trade Center") was established in June 1984 1 1. Chinese and foreign shareholders are China World Trade Investment Co., Ltd. and Hong Kong Kerry Industrial Co., Ltd. under Malaysian Kwok Brothers Group. China Foreign Economic Relations and Trade Consulting Company is affiliated to the Ministry of Foreign Economic Relations and Trade. However, at the first meeting of the Tenth National People's Congress held in 2003, it was decided to merge the trade department in the former State Economic and Trade Commission and the former Ministry of Foreign Economic Relations and Trade Cooperation into the Ministry of Commerce, which will be responsible for domestic and foreign practices.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.