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The difference between government procurement and public bidding
Legal basis: Article 2 of the People's Republic of China (PRC) Government Procurement Law applies to government procurement in People's Republic of China (PRC).
The term "government procurement" as mentioned in this Law refers to the use of financial funds by state organs, institutions and organizations at all levels to purchase goods, projects and services within the centralized procurement catalogue formulated according to law or above the procurement quota standard.
The catalogue of centralized government procurement and the standard of procurement quota shall be formulated in accordance with the authority prescribed in this Law.
The term "procurement" as mentioned in this Law refers to the behavior of obtaining goods, projects and services for compensation through contracts, including purchase, lease, entrustment and employment.
"Goods" as mentioned in this Law refers to articles in various forms and types, including raw materials, fuels, equipment and products.
The term "project" as mentioned in this Law refers to construction projects, including new construction, reconstruction, expansion, decoration, demolition and repair of buildings and structures.
The term "services" as mentioned in this Law refers to other government procurement objects except goods and projects.
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