Aggregated China Business Blogs



China’s Government Goes for Online Shopping

Aggregated Source: Catching Mice in China
December 15, 2007|

People’s Daily reports:

The volume of purchases made online by State ministries and commissions is expected to grow significantly from the end of this month, with the further development of a Web-based bidding system, a senior official has said.

… As of last Wednesday, the value of government procurement conducted via the center’s website, www.zycg.gov.cn, was 5.3 billion yuan, almost half of the total spend for the year.

The site contains information on more than 6,000 individual buyers, 16,000 suppliers and about 150,000 products and services.

Not only has e-procurement increased the efficiency of the purchasing process, it has helped to clean it up:

By providing detailed records of all transactions, including information on buyers, suppliers, contract checking and acceptance, the site, which receives some 20,000 visits per day, has “forcefully” promoted the transparency of government procurement procedures…

The site is here. This page has a brief overview of the organization in English.

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