综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Economy

China gov't procurement totals $179b in 2011

(Xinhua) Updated: 2012-06-30 10:25

BEIJING -- China's government procurement amounted to 1.13 trillion yuan ($179.37 billion) in 2011, or 11 percent of the country's fiscal expenditure, the Ministry of Finance announced on Friday.

The figure showed a huge expansion from the 100.9 billion yuan of 2002, when a government procurement law was first adopted, Vice-Minister of Finance Wang Baoan said at a ceremony celebrating the 10th anniversary of the law's introduction.

The implementation of the law has helped save 660 billion yuan in fiscal spending over the past decade, according to Wang.

The vice minister said the government will push administrative reforms to make its purchase more transparent, fair and effective, while improving related operations and supervision systems to promote the credibility of government procurement.

He also pledged to further restructure government procurement mechanisms in accordance with the Government Procurement Agreement (GPA) rules, to gradually open the sector.

The GPA is a voluntary pact within the World Trade Organization that allows member countries to bid for public contracts in each other's markets.

China entered its first offer to join the pact in 2007, but it was turned down as the offer did not include local governments' spending.

Hot Topics

Editor's Picks
...
宜章县| 伊宁市| 浏阳市| 清河县| 富川| 西盟| 临沭县| 南开区| 凤台县| 安陆市| 高陵县| 永新县| 陕西省| 富川| 平谷区| 开化县| 阿尔山市| 监利县| 武夷山市| 盐池县| 乐都县| 赤壁市| 宝坻区| 白河县| 枣庄市| 望谟县| 永济市| 辉县市| 五峰| 岳池县| 唐山市| 象州县| 庆城县| 穆棱市| 伊川县| 色达县| 隆安县| 洪湖市| 大同县| 老河口市| 东至县|