China issued new investment guidelines in mid-August in a bid to attract more foreign capital and improve its foreign investment environment. One of the 24 guidelines addresses government procurement. This post considers three elements of the procurement
China formally applied for membership in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) in September 2021. In order for it to accede to that 11-member agreement, it will need to meet the CPTPP’s high government procurement standards.
On January 1, 2020, China implemented a new Foreign Investment Law (FIL) along with implementing regulations. The Law, adopted by the National People’s Congress in March 2019, was designed to ease restrictions on foreign firms’ operations in China and