MNI BRIEF: China To Ensure Foreign Firms In Procurement

China will support foreign firms through standardising government procurement activity to ensure equal access with Chinese companies, said Li Ji, a vice minister at the Ministry of Commerce on Thursday, noting the issue had become a concern of international enterprises.

Speaking with reporters, Li said the system will ensure products produced by domestic and foreign-funded firms in China can equally participate in public procurement.

China utilised CNY97.6 billion of foreign investment during January, a 13.4% year-on-year decline but a 27.5% month-on-month increase, data from the Ministry of Commerce showed on Wednesday.