This report is designed to provide insights on the China healthcare tech market, covering the latest news on government initiatives, industry dynamics, and macro environment trends.

Chinese government pledges to ensure foreign suppliers’ fair participation in government procurement

In an important move for foreign companies, the Chinese government has announced that foreign suppliers shall get equal treatment in all government bids, including medical equipment. 

On October 26, 2021, the Ministry of Finance (MOF) issued an official notice titled “Circular of the Ministry of Finance on Implementing Related Policies Concerning Equal Treatment to Domestic and Foreign-invested Enterprises in Government Procurement Activities.” According to the Notice, government bodies must not discriminate against foreign suppliers for government procurement if their products are produced in China:

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