On his turn, the ACFIC
Chairman valued the Sultanate's role in developing the cordial and trade relations with other countries.
The Survey on Privately Owned Enterprises in China used in this study was jointly conducted in 2006 by the All-China Federation of Industry and Commerce (ACFIC
), Chinese Academy of Social Sciences (CASS), the State Administration of Industry and Commerce (SAIC), and the United Front Work Department (UFWD) of the Central Committee of the CCP.
FNCCI and ACFIC
represent their respective countries in Nepal- China Non Governmental Aid Forum.
Creat Group is a leading member of ACFIC
(All China Federation of Industry and Commerce) which acts as a facilitator for the management of the private sector of the Chinese economy.
A senior official of the All-China Federation of Industry and Commerce (ACFIC
) has urged the government for approval to set up more small banks to help finance small businesses, Xinhua News has reported.
According to statistics from China's industrial and trade association ACFIC
, of the annual growth in China of about 10 per cent per annum, 70 to 80 per cent comes from the private sector, which consists of 5.5 million companies and 26 million self-employed persons.