China moves to ease rules on government procurement for CPTPP

Foreign suppliers not to be excluded, but national security exception remains

20211024N Xi Jinping

Chinese President Xi Jinping: China seeks to join the 11-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership. (Xinhua via Kyodo)

IORI KAWATE, Nikkei staff writer

BEIJING -- China has taken a step toward easing rules that all but bar foreign companies from lucrative government procurement deals as the world's second-largest economy seeks to join a Pacific Rim trade deal.

Earlier this month, the finance ministry told local governments in an official notice that foreign-owned suppliers' "right to participate fairly in government procurement must be assured" as long as their products are made in China.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.