China Council for International Investment Promotion (CCIIP)

The China Council for International Investment Promotion (CCIIP) is a national non-profit organization responsible for promoting China 's inward and outward investment in line with China 's economic strategies, with a view to advancing economic development and social progress. Founded by the State Council, CCIIP reports to the Ministry of Commerce.  

The objectives of CCIIP

•  To synergize nationwide resources and capacities in investment promotion, and provide a unified platform for China 's investment promotion;

•  To enable effective implementation of regional economic integration arrangements in line with the Government's overall investment promotion strategies;

•  To assist governments at all levels in improving the investment environment, public image and FDI quality;

•  To develop diversified investment promotion products, and provide efficient service to foreign investors in China ; and

•  To facilitate Chinese enterprises investing overseas and participate in international economic and technical cooperation projects.

The operational scope of the CCIIP

•  To publicize China 's economic and trade policies, and investment environment;

•  To strengthen contacts with relevant chambers of commerce, trade associations, investment promotion agencies ( IPAs ) , and economic societies at home and abroad; and serve as a platform for information exchanges on trade and investment promotion;

•  To participate in Chinese Government initiatives for regional economic integration, including studies, seminars, fairs and other investment promotion activities, with a view towards promoting investment and trade in the framework of regional economic cooperation with other partner countries;

•  To participate, under the auspicious of MOFCOM, in relevant activities of international investment promotion organizations, and strengthen communication and cooperation with IPAs of other countries;

•  To synergize investment promotion resources in advisory services for foreign investors in China ;

•  To implement the Government strategy of “Going Global” through establishing cooperative mechanisms with foreign IPAs in line with strategic priorities, and provide services for Chinese enterprises conducting business overseas;

•  To organize Chinese and foreign research institutes, experts and scholars to conduct survey s and stud ies on issues related to trade, investment and economic cooperation, and publish periodicals and reports thereon, with a view to identifying initiatives and ways and means for improving the investment environment and investment promotion;

•  To provide Government and enterprises with market analysis, professional training, investment project design and assessment, project development and management, planning of large scale investment and trade promotion events, etc.;

•  To facilitate Chinese and foreign enterprises and investors to conduct business tours and information exchanges, both at home and abroad;

•  To facilitate private sector activities in the field of economic cooperation and trade between China and other countries or regions; and

•  To carry out various tasks entrusted by the Government, and undertake other functions relevant to the objectives of this Council.

Membership of the Council

•  IPAs recognized by the administrative authorities of provinces, municipalities and central cities;

•  IPAs of national economic and technical development zones, hi-tech zones, free trade zones, and export processing zones; selected IPAs in economic development zones at the provincial and city levels;

•  Large Chinese enterprises, financial institutions, relevant social organizations and research institutions;

•  Intermediate agencies, specialized institutions, foreign transnational corporations and institutional investors that are well-known internationally or influential in the field of FDI in China ;

•  Eminent experts, scholars and practitioners in investment promotion.

The organizational structure  

I . Decision making and operational structure

General Assembly: The General Assembly is the governing body of the Council. Vice Premier Wu Yi is the Honorary President of the Council.

Board: The Board is the executive body of the Council, accountable to the General Assembly.

Standing Committee of the Board: The s tanding Committee of the Board exercises selected functions of the Board during the intervals between the two sessions of the Board and shall be accountable to the Board .

Secretariat: The Council shall be assisted by a secretariat that takes full responsibility for the day-to-day operations of the Council under the direction of the Board and its Standing Committee. The secretariat shall consist of an administrative office, a membership department, a liaison and consulting department, an investment promotion department, an information and research department, and the like.

II . Advisory system

The Council shall establish an advisory commission and an experts' consultative commission, under the leadership of the Honorary President (Vice Premier Wu Yi), Honorary Vice President and President of the Council. The secretariat shall coordinate the work of the two committees.

Advisory Commission: The Advisory Committee shall be composed of the heads of international organizations and eminent Chinese and foreign experts from outside China . The commission shall convene an annual roundtable in China to review recent developments in global investment trends and policies, analyze emerging and topical issues related to China 's inward and outward investment, and propose ideas, initiatives and pragmatic solutions for the Chinese Government and the Council.

Expert Consultative Commission: The Expert Consultative Commission is composed mainly of Chinese officials from commissions and ministries, including relevant departments of MOFCOM, as well as officials from the local governments. The ministerial level officials or the Head of Foreign Investment Administration of MOFCOM will chair the Expert Commission. The Consultative Commission shall review common policy issues related to investment promotion, as well as coordinate large-scale investment promotion events, with a view to resolving major problems in investment promotion and improving China 's investment promotion work at all levels.

In addition, the Council invites officials at the level of ministers and provincial governors as senior advisor to guide its work.

III . Operational arms of affiliates

The Federation of Investment Promotion Agencies of China (FIPA), the Sino-Brazilian Entrepreneurs Committee , and the Sino-Chilean Entrepreneurs Committee ( which are secondary non-independent legal entities) are affiliates of the CCIIP. The operations of these entities are carried out by their respective secretariats. Their work is, however, coordinated by the Secretariat of the Council under the supervision of the relevant departments of MOFCOM.

China International Investment Promotion Website: The Website will be re-established based on the original website of FIPA. The new site will function as a platform for investment promotion. A databank of investment projects and a n evaluation system will be constructed in line with international norms and standards.

China ( Beijing ) United Center for Investment consultation: The Center was originally the operating arm under FIPAC. It will henceforth work under CCIIP.