Tue, 21-Oct-2025

China increases gov’t procurement in 2020: ministry

China

BEIJING: Government procurement in China rose 11.8 per cent last year as it played an increasing role in supporting economic and social development, showed data from the Ministry of Finance (MoF). The value of national government procurement reached 3.7 trillion yuan (about $572.5 billion) in 2020, the MoF data showed. The amount accounted for 10.2 … Read more