NAM sees progress in Chinese indigenous innovation guidelines.April 21, 2010 -
According to NAM VP for International Economic Affairs, Frank Vargo, NAM is pleased to see China's release of revised guidelines for inclusion in Chinese procurement programs that encourage indigenous innovation. This is a good first step that could result in greater opportunity for U.S. companies to compete in China's government procurement market. It also highlights need for China to move rapidly to join Government Procurement Agreement, which it agreed to do when it joined WTO in 2001.
NAM Sees Progress in New Chinese Indigenous Innovation Guidelines
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National Association Of Manufacturers (NAM)
1331 Pennsylvania Ave. N.W.
Washington, DC, 20004
Press release date: April 15, 2010
WASHINGTON, D.C., - National Association of Manufacturers (NAM) Vice President for International Economic Affairs Frank Vargo issued the following statement today on the release of revised Chinese indigenous innovation guidelines:
"The National Association of Manufacturers is pleased to see China's release of revised guidelines for inclusion in Chinese procurement programs that encourage indigenous innovation. Our member companies have expressed concern that the rules, as written in 2009, would discriminate against foreign-owned companies and, in some cases, could force technology transfer in China's huge government procurement market. This is a major issue for manufacturers, especially those in high technology.
This is a good first step that could result in greater opportunity for U.S. companies to compete in China's government procurement market. However, there are still many concerns about how these guidelines will be implemented and other aspects of China's indigenous innovation program. We welcome the U.S. government's continued focus on this issue in upcoming bilateral meetings. Most importantly, this highlights the need for China to move rapidly to join the Government Procurement Agreement, which it agreed to do when it joined the World Trade Organization in 2001.
We will work with our member companies and submit comments with regard to China's procurement guidelines by the May 10th deadline."
The National Association of Manufacturers is the nation's largest industrial trade association, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers, visit www.nam.org.