Finance Ministry seeks to improve government procurement
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
The Ministry of Finance is seeking to clean up the government procurement sector. Specifically, new measures released on January 21 take aim at “abnormally low prices” in government procurement bids. Some context: In bidding for government contracts, it is a common practice for companies to put in w...