Experts: Procurement policy not biased
By Lan Lan | China Daily | Updated: 2010-06-01 07:51
BEIJING - The government has invited comments from the public on a draft regulation for its procurement of domestic products, a move analysts said will have limited impact on foreign companies.
The draft clearly defines domestic goods as final products made in China with more than 50 percent local content in value, according to government sources and industrial analysts.
The move is considered controversial as it could potentially affect the interests of foreign companies, and has not been clarified in the previous guidelines either. The draft will be open for public comments till June 21.
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