SME Times is powered by   
Search News
Just in:   • Sensex rises 120 pts, FMCG, realty, metal stocks up  • Rupee recovers from record low; Sensex up  • AI crisis enters 10th day, losses touch Rs.188 cr  • India must have option of nuclear power: Manmohan  • BJP raises concern over depreciating rupee 
Last updated: 11 Feb, 2012  

china.9.THMB.jpg China to expand govt procurement program

China.9.jpg
IANS | 11 Feb, 2012
China will expand its government procurement program this year to boost economic reforms, the finance ministry said Friday.

China will negotiate for entry to the Government Procurement Agreement (GPA) under the World Trade Organization (WTO), the ministry said in a report.

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

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

The document said this year's key procurement projects will include nutrition improvement in rural areas and purchase of school buses. It also vowed to cut emissions and beef up environmental protection.
 
Print the Page Add to Favorite
 

Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

   Top Stories
» Rupee recovers from record low; Sensex up
» Govt to continue TUFS for textile industry further
» 'Unregistered MSMEs to benefit from new mfg. plan'
» 215 textiles mills shut down in last 8 years: Sharma
» Exports from service sector surge to $12.89 bn in March
 
  Commented Stories
» Credit rating can help SMEs in more ways than one(20)
» Exporters need push, not pull(10)
» SME Conclave – awareness on SME stock exchange(6)
» Industrial city Kanpur at its deathbed(3)
» 'NRI deposits, internal demand can check Rupee fall'(2)
  Customs Exchange Rates
Currency Import Export
US Dollar
53.10
52.25
UK Pound
86.00
84.15
Euro
70.35
68.70
Japanese Yen 65.50 63.85
As on 18 May, 2012
  Daily Poll
Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies