Zhōngshìjì Ōuzhōu de hánghuì kòngzhì zhe shǒugōngyè de shēngchǎn.
Medieval European guilds controlled handicraft production.
Tips
usage
行会 refers both to Western-style trade guilds and to traditional Chinese merchant/artisan guilds. Note that 行 here is pronounced háng (trade/profession), not xíng (to walk).