Established in September 1952, Changsha Federation of Industry and Commerce, also known as General Chamber of Commerce of Changsha is the organization for private enterprises and self-employed personnel in Changsha. As of December 2017, the Federation had 28,595 members. It offers its members a wide range of services including legal assistance, financing, arbitration, human resource solution, training and exhibitions, seminars, business matchmaking, field studies, etc. The Federation actively works with its peers. As of the end of 2017, it had signed friendship agreement with 187 chambers of commerce in China and overseas.
In July 2016, CIBAC and Changsha Federation of Industry and Commerce signed a friendship agreement. The two parties agreed to share economic and sector updates, and business opportunities, promote co-operation between businesses, assist the other party with its business visits, conferences, seminars, trade fairs, exhibitions, technical exchanges, new product sampling, etc. and actively promote the other party’s activities. Since the signing of the agreement, the two parties have been proactively working on various projects in manufacturing, real estate, tourism, and education.