China: Law on Promoting Private Economy including public procurement access enters into force
Description
Law on Promoting Private Economy including public procurement access enters into force
On 20 May 2025, the Law on Promoting Private Economy enters into force. The Law stipulates that public procurement and other public resource transactions must be conducted in an open and transparent manner, and that all economic organisations, inclu…
Scope
Policy Area
Public procurement
Policy Instrument
Public procurement access
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government