On Nov. 16, 2015, the Internal Control System Optimization & Implementation Consulting Project undertaken by Beijing Truth Consulting for Beijing Foreign Economic & Trade Holding Co., Ltd. (BFETHC), a Level One enterprise at the municipal level supervised by State-owned Assets Supervision and Administration Commission of People’s Government of Beijing Municipality, went smoothly. The consulting project aims to further optimize BFETHC’s current internal control system, which enables it to comply with and match the corporate strategy, customer service and actual operation situation of the company. The project will also help BFETHC improve its operational and managerial efficiencies while forging its outstanding internal control management system.

Beijing Foreign Economic & Trade Holding Co., Ltd., founded on November 8, 1994, is the only state-owned company specializing in foreign economy and trade among all state-owned companies under the supervision of Beijing State-owned Assets Supervision and Administration Commission. It has a registered capital of 507.5449 million RMB. Its main business lines include assets management and foreign trade service. In terms of assets management, it serves as a platform for reforming Beijing’s state-owned enterprises. Its foreign trade and service business include traditional foreign economy and trade services, developer-owned properties, cultural and creative industry and export-oriented modern logistics.