Latest news with #ACFIC
South China Morning Post
01-05-2025
- Business
- South China Morning Post
China's ex-trade negotiator takes lesser role as Trump tariff war heats up
Wang Shouwen , China's former vice-minister of commerce and one of its chief trade negotiators during the first Trump administration, has taken on a lesser role at a semi-official commerce body. Advertisement His new title at the All-China Federation of Industry and Commerce (ACFIC), the country's largest non-governmental chamber of commerce, remains undisclosed, but the ACFIC website confirmed Wang had taken part in a study session as a member of its leadership team on Wednesday. Beijing announced last month that Li Chenggang, China's envoy to the World Trade Organization, would replace Wang, who played a key role in negotiating the 2020 US-China trade deal and rose to the No 2 position in the Ministry of Commerce in 2022. Wang's name was removed from the ministry's leadership roster shortly after a statement from the Ministry of Human Resources and Social Security unveiled the personnel changes on April 16, without clarifying the reasons or what Wang's new assignment would be. It remains unclear why Wang, 59, has been transferred from the high-stakes full-ministerial position as the country's chief trade negotiator to a lesser role at the ACFIC, which operates under the Communist Party's United Front Work Department Advertisement Wang is still six years away from the retirement age for a ministerial-level official. His transfer to the less prestigious ACFIC role may indicate he is starting to wind down his career. His removal, and the appointment of 58-year-old Li as the country's new commerce vice-minister and international trade representative, made international headlines amid US President Donald Trump's renewed trade war with China.
Business Recorder
30-04-2025
- Business
- Business Recorder
Team comprising over dozen Chinese companies arrives in Pakistan
ISLAMABAD: The top leadership of more than a dozen Chinese companies has arrived in Islamabad to explore investment opportunities across various sectors in Pakistan. The high-level delegation is scheduled to meet with key Pakistani government officials to discuss potential areas of collaboration and business development. The visiting firms represent a diverse range of industries including high-tech manufacturing, new energy, electronics, aviation, satellite communications, smart technologies, and mining. 2,300 Chinese companies operating in Pakistan: VP PCJCCI All-China Federation of Industry and Commerce (ACFIC): The All-China Federation of Industry and Commerce (ACFIC) founded in 1953. It primarily works as national chamber of commerce representing private enterprises in China, focusing on supporting the non-public economy and facilitating cooperation between private businesses and the government. Its main domains include industry, commerce, technology, manufacturing, and trade. ACFIC also plays a significant role in policy advocacy and economic development. The organization is closely linked with the Chinese Communist Party and helps align private sector growth with national goals. Chamber of Commerce for High Technology and Equipment Industry: The Chamber of Commerce for High Technology and Equipment Industry under ACFIC was notably active and formally highlighted in 2023, during the Conference for Chamber of Commerce for High Technology and Equipment Industry held in Jiangxi (Nanchang) in November 2023. Founded to support private enterprises in advanced manufacturing, technology, and industrial modernization, it focuses on fostering collaboration between businesses and government. The chamber is key in policy advocacy, technological innovation, and expanding market access for high-tech industries. It was notably active in recent years, aligning with China's strategic goals for industrial upgrading and innovation-driven growth. New Energy Operations Committee of the China Electricity Equipment Management Association is a specialized body within the China Electricity Equipment Management Association (CEEMA) focused on the operational aspects of new energy technologies and equipment. This committee deals with issues related to the integration, operation, and maintenance of new energy sources like solar, wind, and hydropower into China's power grid. China Jinhua (Yiwu) Wenzhou General Chamber of Commerce to develop Pakistan China Free Trade Zone. China Jinhua (Yiwu) Wenzhou General Chamber of Commerce represents business interests from Zhejiang province and plays a key role in developing the Pakistan-China Free Trade Zone. The chamber promotes trade and investment cooperation between China and Pakistan, supporting businesses in navigating local regulations and facilitating market access. It works closely with Pakistani authorities to boost industrial growth and cross-border collaboration. This initiative is part of broader efforts to strengthen economic ties and enhance connectivity under the China-Pakistan Free Trade Agreement. Precise Development (HK) Limited: The Precise Development is a consultancy company which primarily deals with all the industrial linkages of the All-China Federation of Industry in Commerce (ACFIC). This company as a parent company for industry, commerce, technology, and policy advocacy for various chamber of commerce across China. Xi'an Yufei Electronic Technology Co Ltd Technical Collaboration in Data Link & Communication Solutions for the UAV Industry Xi'an Yufei Electronic Technology Co Ltd (R), founded in 2015 and headquartered in Shaanxi Province, China, specializes in the research and development of communication equipment and electronic technologies. The company holds 58 patents and focuses on providing advanced data link and communication solutions, particularly for the IT industry. Xi'an Yufei also plays a significant role in advancing China's UAV technology through its specialized electronic communication products. Rongzhihang Information Technology (Suzhou) Co Ltd: Manufacturing of Civil Aircraft Components; Civil Aircraft Maintenance, Bushings, Clamps Rongzhihang Information Technology (Suzhou) Co Ltd, founded on March 24, 2020, specializes in manufacturing civil aircraft components and providing civil aircraft maintenance services. Their product range includes bushings, clamps, and other precision parts essential for aircraft operations. The company supports the aviation industry by providing high-quality components. Sichuan Andy Technology Industrial Co Ltd: The company provides secure and reliable satellite communication data links Sichuan Andy Technology Co Ltd, founded in 2000. This company manufactures a wide range of products to meet the various customized needs of customers. It has been focusing on the satellite communication industry. The company's business scope includes the development and operation of very small aperture terminal (VSAT) earth stations, satellite communication systems, and related telecom services. It also engages in drone sales, communication product development, and information system integration, supporting advanced satellite transmission and communication technologies. Sichuan Andy Technology collaborates with major telecom operators like China Mobile to deliver integrated communication solutions. Hefei Changwei Zhixuan Technology Co Ltd is a technology company based in Hefei, China, specializing in intelligent digital solutions and advanced technology applications. The company focuses on innovation in areas such as smart equipment and digital transformation to support industrial and commercial clients. It was founded in 2016 and has been contributing to the development of smart technology in its region since then. Beijing Xiaotunpai Technology Co Ltd specializes in the R&D and manufacturing of infrared thermal imaging devices and systems for healthcare Beijing Xiaotunpai Technology Co Ltd. It was founded on December 22, 2015. The company specializes in the research, development, and manufacturing of infrared thermal imaging devices and systems, mainly for healthcare applications such as non- contact temperature measurement and medical diagnostics. It is based in Beijing and focuses on advanced infrared technology to support medical monitoring and fever screening. The company has a registered capital of approximately 13.33 million RMB. Beijing Hangxing Transmission Technology Co Ltd (AMIED), founded in 2011, specializes in electro-optical solutions for aerospace, aviation, and marine applications. The company develops advanced servo systems and transmission technologies tailored to meet the demanding requirements of these industries. Headquartered in Beijing, it plays a key role in enhancing the performance and reliability of critical aerospace and marine equipment through innovative electro-optical products. Beijing Hangxing supports China's strategic development in high-precision aerospace and maritime technologies. Zhongke Hongtai (Anhui) New Energy Technology Co Ltd plans for investment and construction of renewable energy power plants; collaboration on PV panel & module production line capacity deployment; energy storage battery production line capacity cooperation. It was founded in 2023, focuses on investing in and constructing renewable energy power plants. The company collaborates on expanding production capacity for photovoltaic panels, modules, and energy storage batteries. Based in Anhui, it supports China's clean energy development through advanced technology and industry cooperation.
Business Recorder
30-04-2025
- Business
- Business Recorder
Team comprising over dozen Chinese companies arrives
ISLAMABAD: The top leadership of more than a dozen Chinese companies has arrived in Islamabad to explore investment opportunities across various sectors in Pakistan. The high-level delegation is scheduled to meet with key Pakistani government officials to discuss potential areas of collaboration and business development. The visiting firms represent a diverse range of industries including high-tech manufacturing, new energy, electronics, aviation, satellite communications, smart technologies, and mining. 2,300 Chinese companies operating in Pakistan: VP PCJCCI 1) All-China Federation of Industry and Commerce (ACFIC): The All-China Federation of Industry and Commerce (ACFIC) founded in 1953. It primarily works as national chamber of commerce representing private enterprises in China, focusing on supporting the non-public economy and facilitating cooperation between private businesses and the government. Its main domains include industry, commerce, technology, manufacturing, and trade. ACFIC also plays a significant role in policy advocacy and economic development. The organization is closely linked with the Chinese Communist Party and helps align private sector growth with national goals. 2) Chamber of Commerce for High Technology and Equipment Industry: The Chamber of Commerce for High Technology and Equipment Industry under ACFIC was notably active and formally highlighted in 2023, during the Conference for Chamber of Commerce for High Technology and Equipment Industry held in Jiangxi (Nanchang) in November 2023. Founded to support private enterprises in advanced manufacturing, technology, and industrial modernization, it focuses on fostering collaboration between businesses and government. The chamber is key in policy advocacy, technological innovation, and expanding market access for high-tech industries. It was notably active in recent years, aligning with China's strategic goals for industrial upgrading and innovation-driven growth. 3) New Energy Operations Committee of the China Electricity Equipment Management Association is a specialized body within the China Electricity Equipment Management Association (CEEMA) focused on the operational aspects of new energy technologies and equipment. This committee deals with issues related to the integration, operation, and maintenance of new energy sources like solar, wind, and hydropower into China's power grid. 4) China Jinhua (Yiwu) Wenzhou General Chamber of Commerce to develop Pakistan China Free Trade Zone. China Jinhua (Yiwu) Wenzhou General Chamber of Commerce represents business interests from Zhejiang province and plays a key role in developing the Pakistan-China Free Trade Zone. The chamber promotes trade and investment cooperation between China and Pakistan, supporting businesses in navigating local regulations and facilitating market access. It works closely with Pakistani authorities to boost industrial growth and cross-border collaboration. This initiative is part of broader efforts to strengthen economic ties and enhance connectivity under the China-Pakistan Free Trade Agreement. 5) Precise Development (HK) Limited: The Precise Development is a consultancy company which primarily deals with all the industrial linkages of the All-China Federation of Industry in Commerce (ACFIC). This company as a parent company for industry, commerce, technology, and policy advocacy for various chamber of commerce across China. 6) Xi'an Yufei Electronic Technology Co Ltd Technical Collaboration in Data Link & Communication Solutions for the UAV Industry Xi'an Yufei Electronic Technology Co Ltd (R), founded in 2015 and headquartered in Shaanxi Province, China, specializes in the research and development of communication equipment and electronic technologies. The company holds 58 patents and focuses on providing advanced data link and communication solutions, particularly for the IT industry. Xi'an Yufei also plays a significant role in advancing China's UAV technology through its specialized electronic communication products. 7) Rongzhihang Information Technology (Suzhou) Co Ltd: Manufacturing of Civil Aircraft Components; Civil Aircraft Maintenance, Bushings, Clamps Rongzhihang Information Technology (Suzhou) Co Ltd, founded on March 24, 2020, specializes in manufacturing civil aircraft components and providing civil aircraft maintenance services. Their product range includes bushings, clamps, and other precision parts essential for aircraft operations. The company supports the aviation industry by providing high-quality components. 8) Sichuan Andy Technology Industrial Co Ltd: The company provides secure and reliable satellite communication data links Sichuan Andy Technology Co Ltd, founded in 2000. This company manufactures a wide range of products to meet the various customized needs of customers. It has been focusing on the satellite communication industry. The company's business scope includes the development and operation of very small aperture terminal (VSAT) earth stations, satellite communication systems, and related telecom services. It also engages in drone sales, communication product development, and information system integration, supporting advanced satellite transmission and communication technologies. Sichuan Andy Technology collaborates with major telecom operators like China Mobile to deliver integrated communication solutions. 9) Hefei Changwei Zhixuan Technology Co Ltd is a technology company based in Hefei, China, specializing in intelligent digital solutions and advanced technology applications. The company focuses on innovation in areas such as smart equipment and digital transformation to support industrial and commercial clients. It was founded in 2016 and has been contributing to the development of smart technology in its region since then. 10) Beijing Xiaotunpai Technology Co Ltd specializes in the R&D and manufacturing of infrared thermal imaging devices and systems for healthcare Beijing Xiaotunpai Technology Co Ltd. It was founded on December 22, 2015. The company specializes in the research, development, and manufacturing of infrared thermal imaging devices and systems, mainly for healthcare applications such as non- contact temperature measurement and medical diagnostics. It is based in Beijing and focuses on advanced infrared technology to support medical monitoring and fever screening. The company has a registered capital of approximately 13.33 million RMB. 11) Beijing Hangxing Transmission Technology Co Ltd (AMIED), founded in 2011, specializes in electro-optical solutions for aerospace, aviation, and marine applications. The company develops advanced servo systems and transmission technologies tailored to meet the demanding requirements of these industries. Headquartered in Beijing, it plays a key role in enhancing the performance and reliability of critical aerospace and marine equipment through innovative electro-optical products. Beijing Hangxing supports China's strategic development in high-precision aerospace and maritime technologies. 12) Zhongke Hongtai (Anhui) New Energy Technology Co Ltd plans for investment and construction of renewable energy power plants; collaboration on PV panel & module production line capacity deployment; energy storage battery production line capacity cooperation. It was founded in 2023, focuses on investing in and constructing renewable energy power plants. The company collaborates on expanding production capacity for photovoltaic panels, modules, and energy storage batteries. Based in Anhui, it supports China's clean energy development through advanced technology and industry cooperation. 13) Beijing Masterful Sci-Tech Co Ltd is involved in copper ore mining, contributing to China's resource extraction sector. Chinese companies, including state- backed ones, have been actively investing in copper mining both domestically and internationally, particularly in resource-rich countries. Copyright Business Recorder, 2025
Zawya
17-04-2025
- Business
- Zawya
South Africa: Deputy President Mashatile receives courtesy visit from Mr Gao Yunlong
Deputy President Shipokosa Paulus Mashatile has today, Thursday, 17 April 2025, received a courtesy visit from His Excellency Mr Gao Yunlong, Vice-Chairman of the 14th National Committee of Chinese People's Political Consultative Conference (CPPCC) and the Chairman of the All-China Federation on Industry and Commerce (ACFIC), at the O.R Tambo Official Residence in Pretoria, Gauteng Province. Established in 1953, the ACFIC is a mass organisation and chamber of commerce led by the Communist Party of China with non-public economic activities as the principal composition and with unified, economic and non-governmental characteristics. It is also a bridge linking the Party and the government with people in non-public economic activities, an assistant to the government in managing and serving the non-public economy and an important part of the Chinese People's Political Consultative Conference. The courtesy visit to the Deputy President forms part of the high-level engagements between South Africa and China, which are key to strengthening bilateral relations and advancing political, trade and investment cooperation. The Deputy President welcomed the recent elevation of diplomatic relations between the Republic of South Africa and the People's Republic of China to an All-Round Strategic Cooperative Partnership in a New Era, and expressed South Africa's commitment to continuing exchanges of high-level engagements with China. "Our economic partnership must reflect this elevation. We continue to call on China to work with South Africa in changing the trade structure and diversifying market access for value-added products to close the concerning trade deficit," said the Deputy President. Discussions also focused on enhancing cooperation in health, the automotive and energy sectors, which will contribute to local job creation, technology, and skills transfer. transformation, and skills development. "It is essential to underscore the significant role that China's support plays in advancing health cooperation, an area where both sides have made meaningful progress in fostering collaboration. This partnership continues to be a vital aspect of our growing bilateral relations." With South Africa preparing to host the G20 Summit in November 2025, the Deputy President emphasised the importance of China's role as a global development partner. "President Xi Jinping's visit to South Africa for the G20 Summit in November of this year will be a momentous occasion for South Africa's Presidency of the G20, under the theme "Solidarity, Equality, Sustainability," said Deputy President Mashatile. The Deputy President was supported by the Acting Minister of International Relations and Cooperation, Ms Khumbudzo Ntshavheni, and the Minister of Trade, Industry and Competition, Mr Parks Tau. Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.
