Monday,04July,2011
It is reported that China terminated a government procurement budget plan favoring domestic innovative products effective last week.
The new guidelines mark a major shift towards a fair competition environment.
The term innovative products applies to a wide body of goods including computers, software, telecommunications, new energy products and cutting edge office products.
Mr Davide Cucino President of European Union Chamber of Commerce in China said the non governmental organization has consistently pushed China to consider a government procurement plan that is not bound to domestic policy concerning innovation.
(Sourced from China Business News)
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