China
Tender Bulletin |
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Surveillance and investigation |
As
the global recession continues to bite, consumers and private companies are
cutting back on expenditure, eroding traditional markets for products and
services. Governments around the world
are trying to launch stimulus packages, but many are hopelessly short of
cash. The Chinese government is one of
the few bright spots in this gloomy picture: the cash-rich government is
spending huge amounts of money to boost the economy.
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The RMB 4 trillion stimulus package
announced by the Chinese government in November 2008 is expected to be the
first of a series of such packages aimed at boosting domestic expenditure,
creating new physical and social infrastructure, and supporting existing
industries. This spending packages is
already filtering through: local provincial and city governments across China
are embarking on enormous spending programmes. This doesn’t just create opportunities for
Chinese companies: this huge wave of government expenditure is creating a
major new market for global companies at the time they need it most. Foreign companies that stand to benefit from these stimulus
packages include:
However, getting access to these new
opportunities is a challenge. There is
no centralised database for local government procurement, and thus no
coherent, central source of information on market opportunities. Even if there were, foreign companies worry
about whether it’s really possible to exploit the opportunity. Some worry that corrupt governments already
have contracts secretly sewn up with local firms before a tender is even
issued; others worry that official or unofficial government policies might
exclude them from the market. China Tender Bulletin gives you what you need To address these issues, and to help our
clients access this huge new market, Sinogie has launched a publication and
services under the China Tender Bulletin (“CTB”) brand. CTB builds on Sinogie’s
long-established media-monitoring, industry research and government
policy analysis practices to provide the only comprehensive Chinese
government tender service. China Tender Bulletin allows you to identify, evaluate and bid for
government tenders across China through an integrated, comprehensive system of
publications and value-added services.
Find out more To find out more
about China Tender Bulletin, please
visit the CTB website at www.chinatenderbulletin.com.
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For more information on China
Tender Bulletin can help you build your business in China, please e-mail us, or call our Sydney sales office on +61 2 8705 5435. |
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