# Ministry of Commerce (MOFCOM)

Type: government

Source: Supply Chain Intelligence Brief — https://getsupplybrief.com/entity/ministry-of-commerce-mofcom-government
Canonical HTML page: https://getsupplybrief.com/entity/ministry-of-commerce-mofcom-government

## Timeline

- **2026-03-07**: Balanced Trade Announcement — Official policy shift toward prioritizing import growth to achieve economic resilience and trade symmetry.
- **2024-11-20**: Export Dominance Peak — China records record surpluses in 'New Three' industries: EVs, lithium batteries, and solar cells.
- **2020-05-14**: Dual Circulation Concept — President Xi Jinping first introduces the 'Dual Circulation' strategy to the Politburo.

## Recent coverage (3 stories)

### China Pledges Trade Rebalancing and Market Opening After Record Surplus
2026-03-22 12:09:27 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

Following a record-breaking trade surplus, Beijing has committed to a strategic pivot toward more balanced trade and broader economic liberalization. This move aims to mitigate growing international friction over export dominance while potentially stimulating domestic demand for foreign goods and services.
Full story: https://getsupplybrief.com/story/china-trade-rebalancing-record-surplus-2026

### China Signals Economic Liberalization to Stabilize Global Supply Chains
2026-03-22 10:00:43 · Sentiment: Bullish · Impact: 7/10 · Sources: 3

Beijing has pledged to accelerate market access and reduce barriers for foreign investors in a strategic move to counter capital flight and stabilize manufacturing output. This policy shift aims to reintegrate China more deeply into global value chains following years of supply chain diversification efforts by Western firms.
Full story: https://getsupplybrief.com/story/china-economic-liberalization-supply-chain-impact-2026

### China Shifts Strategy Toward Balanced Trade to Bolster Economic Resilience
2026-03-07 03:42:54 · Sentiment: Neutral · Impact: 6/10 · Sources: 2

China is pivoting its national trade policy to prioritize a more symmetrical import-export ratio, aiming to reduce external vulnerabilities and strengthen domestic economic stability. This strategic shift signals a move away from traditional export-led growth toward a more integrated global supply chain model that emphasizes high-quality imports and diversified partnerships.
Full story: https://getsupplybrief.com/story/china-balanced-trade-economic-resilience-2026

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