INSUBCONTINENT EXCLUSIVE:
The Chinese Ministry of Finance on Thursday expounded on the steps China has actually taken versus medical devices imported from the
European Union (EU) through government procurement projects.The ministry said in a notice on Sunday that when a buyer purchases medical
gadgets with a budget of over 45 million yuan (about $6.29 million), if it is essential to purchase imported products –-- after going
through appropriate legal treatments –-- the participation of EU business (omitting EU-funded business in China) ought to be excluded.On
Thursday, when responding to a question about the spending plan threshold of 45 million yuan, the ministry said that if a budget reaches 45
million yuan or more, procedures specified in the notification will be carried out no matter whether the procurement includes single-unit
purchases of a specific item type, bulk purchases of a particular type, or the getting of different kinds of products.EU-funded business in
China can participate in government procurement jobs including the purchase of medical devices that surpass a cost of 45 million yuan
However, if the products they provide consist of medical devices imported from the EU, the value of the medical devices imported from the EU
needs to not go beyond 50 percent of the overall agreement worth, the ministry said.Chinas state-owned-enterprise procurement is not
categorized under federal government procurement, and the notification does not apply, the ministry added.A representative for Chinas
commerce ministry on Sunday stated that the European Commission presented steps on June 20, 2025, to restrict Chinese business and items
from participating in the EUs public procurement of medical gadgets, and continues to raise barriers for Chinese companies in public
procurement.The spokesperson stated that China had actually repeatedly revealed through bilateral dialogue its willingness to solve
differences with the EU via such discussion, and through consultation and bilateral government procurement plans
Regrettably, regardless of Chinas goodwill and genuineness, the EU has actually demanded taking limiting steps to construct new
protectionist barriers, the representative added
Therefore, China has no option but to take reciprocal limiting steps to secure the legitimate rights and interests of Chinese business, and
to keep a reasonable competitors environment, the representative stated.