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Martin Murray

China Relaxes Foreign Vendor Restrictions

By July 1, 2011

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Since 2006, the Chinese government has enforced a policy of encouraging innovation in the domestic technology and energy sectors. This basically excluded foreign companies from bidding on any government technology or energy contracts, estimated to be worth $1 trillion each year.

Pressure has been put on the Chinese government to relax the discriminatory rules and in 2009 thirty of the top global technology firms lobbied the government to allow greater access. Two years later the Chinese government has reconsidered its position and will now repeal those regulations as of July 1st, allowing global technology firms an easier path to bid on new government contracts. As much as the news of the relaxation in Chinese policy was well received in Europe and the USA, there are still many other regulations which give Chinese vendors a more advantageous position when bidding on government contracts.

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