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Open and transparent government procurement system praised

usscmc by usscmc
November 7, 2020
Open and transparent government procurement system praised
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Open and transparent government procurement system praised

Ti Gong

Participants at the forum

The China International Public Procurement Forum was held on Friday at the China International Import Expo. 

More than 300 officials and representatives from procurement agencies and suppliers discussed good practises of government procurement as well as experiences during the epidemic.

The forum was hosted by the Ministry of Finance of China and the Shanghai government, and organized by the Qingpu District government.

The Chinese government will keep creating a world-class government procurement business environment and establish an open and transparent government procurement system with fair competition, Xu Hongcai, China’s vice finance minister, told the forum.

“China has made major efforts in protecting the legal rights and interests of foreign-funded companies that make investments in China,” he said.

“The opening pace of government procurement markets has sped up in China, enabling foreign companies to enjoy the big opportunities of the market.

“Some overseas countries and international organizations have made great explorations, accumulated good practises and successful experiences in government procurement, which provides huge cooperation and exchange potentials.”

Chen Yin, executive vice mayor of Shanghai, added that the forum is new for the CIIE, and that the Shanghai government has accelerated the optimization of the government procurement system, achieving fruitful results.

“Shanghai has established a single government procurement platform, covering all procurement projects, and the whole process is transparent,” he said.

The city has kept ensuring transparent, efficient, regulated and convenient procurement processes, and guarantees a fair government procurement environment for foreign companies, said Chen. 

The forum also had the participation of officials of the World Trade Organization, United Nations Office for Project Services, New Development Bank and United Nations Development Programme, some via online.

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