— ABOUT US —

Before the reform and opening up, China's foreign trade was subject to mandatory plan management and the state was responsible for profits and losses. Since the reform and opening up, China's foreign trade system has experienced the transformation from mandatory plan management to giving full play to the basic role of market mechanism, from high monopoly of management right to full liberalization, and from enterprises eating national "big pot" to independent operation and self responsibility for profits and losses. At the begi...