Core Points - The State Council issued a notice on September 30 regarding the implementation of domestic product standards and related policies in government procurement, effective from January 1, 2026, marking a significant step in improving the government procurement system and ensuring national treatment for foreign enterprises in this sector [1][2] Group 1: Domestic Product Standards - The domestic product standards apply to goods and services in government procurement, requiring products to be produced within China and meet specific cost component ratios [2] - A 20% price evaluation discount will be granted to domestic products in competitive procurement situations, allowing them to participate in evaluations at a reduced price [2][3] - The establishment of these standards is seen as a foundational and technically complex policy within the government procurement system, aimed at creating a unified, open, and competitive market environment [2] Group 2: Equal Treatment for Enterprises - Both domestic and foreign enterprises that meet the domestic product standards will be treated equally in government procurement activities [3] - The policy ensures that all types of enterprises, including state-owned, private, and foreign, can equally benefit from government procurement support [3] - Experts believe that the clear definition of domestic product standards will enhance fair competition and boost confidence among foreign investors in the Chinese market [3][4] Group 3: Transition Period - A transition period of 3 to 5 years will be established to allow for the gradual implementation of the domestic product standards, considering the complexity of various industries [6] - During this transition, products that meet the requirement of being produced within China will be considered domestic products, easing the adjustment for foreign enterprises [6] - The Ministry of Finance will collaborate with relevant departments to set specific component cost ratios and requirements for key components and processes based on industry characteristics [6]

Core Viewpoint - The domestic wave of localization in the scientific instrument industry is surging with unprecedented momentum [2] Group 1: Government Policy - The State Council recently issued a notification regarding the implementation of domestic product standards in government procurement, effective from January 1, 2026 [3] - The notification specifies that domestic product standards require products to be produced within China, with a certain percentage of production components' costs originating from within the country [3][4] - A 20% price evaluation preference will be granted to domestic products compared to non-domestic products in government procurement activities [3] Group 2: Implementation and Transition - Over the next five years, the Ministry of Finance, along with relevant industry authorities, will categorize and gradually implement component cost percentage requirements for products produced in China [4] - A transition period of 3-5 years will be established to develop a domestic product standard system and dynamic adjustment mechanism for government procurement [4] - Products that meet the domestic production requirement will be treated as domestic products in procurement activities before the component cost percentage requirements are implemented [4] Group 3: Equal Treatment in Procurement - The notification emphasizes equal treatment for state-owned, private, and foreign enterprises in government procurement support policies [4] - Local and departmental authorities are required to coordinate and must not implement policies that violate the notification, including brand designation or discrimination based on ownership or investment nationality [4]

Group 1 - The meeting emphasized that the construction of a beautiful China is a long-term systematic project that requires persistent efforts [1] - It highlighted the need to implement Xi Jinping's ecological civilization thought and adhere to the concept that "lucid waters and lush mountains are invaluable assets" [1] - The focus is on promoting high-quality development while ensuring high-level protection, enhancing green development momentum, and reducing resource and environmental costs [1] Group 2 - The meeting discussed the establishment of domestic product standards in government procurement as an important measure to improve the procurement system and ensure fair competition [2] - It called for reasonable classification of domestic product standards and clear requirements for key components and processes of specific products [2] - The draft amendment of the Banking Supervision Law was discussed and approved in principle, aiming to enhance the stability of financial institutions and protect consumer rights [2]

Group 1 - The meeting emphasized that the construction of a beautiful China is a long-term systematic project requiring persistent efforts [1] - It highlighted the need to implement Xi Jinping's ecological civilization thought and adhere to the concept that "lucid waters and lush mountains are invaluable assets" [1] - The meeting called for a focus on high-quality development and high-level protection, aiming to enhance green development momentum while reducing resource and environmental costs [1] Group 2 - The establishment of domestic product standards in government procurement is seen as an important measure to improve the procurement system and ensure fair competition [2] - The meeting discussed and approved the draft revision of the Banking Supervision Law, which will be submitted to the National People's Congress for review [2] - It stressed the importance of stabilizing banking financial institutions to ensure the stability of the financial system and the safety of people's assets [2]

2025年9月19日消息，李强主持召开国务院常务会议，研究关于在政府采购中实施本国产品标准及相关政策。 会议指出，制定出台政府采购中本国产品标准及相关政策，是完善政府采购制度的重要举措，也是落实政府采购领域外 资企业国民待遇的务实行动。要从实际出发，合理分类设定本国产品标准，明确对特定产品关键组件、关键工序的具体 要求。要充分听取各方面意见，稳妥推进标准实施，合理设置过渡期，支持企业提前做好产业布局和投资计划。要对各 类经营主体一视同仁、平等对待，切实保障公平竞争。 | 版 权 ： 本 文 部 分 素 材 源 自 网 络 ， 版 权 归 原 作 者 所 有 ， 观 点 代 表 作 者 本 人 ， 不 代 表 本 号立 场 点击文末"阅读原文"查看详情 ↓ ↓ 加入行业讨论群 ↓ ↓ 特别提示 微信机制调整，点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我们的推送。 发 文不 易 ， 请 帮小编点 下 "❤️" ↓ ↓ ↓ | 来 源 ： 仪 器 信 息 网 | 作 者 ： 木 木 桉 | 责 编 ： 安 安 | 视 觉 ： 长 艳 柱 子 | 转 载 ： 须 本 号 授 权 ...

Macro and Market News - President Xi Jinping and US President Trump had a phone call discussing the current state of US-China relations and strategic guidance for future development [2] - The Chinese government emphasizes the importance of mutual respect and cooperation in resolving issues, particularly regarding TikTok [2][4] - The State Council held a meeting to discuss the implementation of domestic product standards in government procurement, aiming to ensure fair competition [2] Company News - The IPO of Moer Thread will be reviewed on September 26, 2025, focusing on the development of GPU chips and related products [14] - Sunflower plans to acquire 100% equity of Xipu Materials and 40% equity of Beid Pharmaceutical, with its stock resuming trading on September 22, 2025 [17] - Absolute Food reported that it failed to disclose revenue accurately from 2017 to 2021, leading to a change in its stock name to "ST Absolute" starting September 23, 2025 [18][19] - ST New Power is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations [20] - Fudan Fuhua reported inflated profits in its annual reports from 2019 to 2023, leading to a name change to "ST Fuhua" starting September 23, 2025 [20] - Creative Information reported overstatement of revenue in its 2022 and 2023 reports, resulting in a name change to "ST Creative" starting September 23, 2025 [21] Industry News - The National Medical Insurance Administration released the 11th batch of centralized drug procurement, emphasizing principles of clinical stability and quality assurance [10] - The Ministry of Industry and Information Technology is preparing a development plan for the new battery industry to prevent low-level redundant construction [11] - Some banks are experiencing tight supply of large-denomination certificates of deposit with interest rates exceeding 2% [12]

Core Points - The State Council meeting emphasized the importance of establishing domestic product standards and related policies in government procurement to enhance the procurement system and ensure fair competition for all business entities [2][5]. Group 1: Government Procurement Standards - The introduction of domestic product standards aims to clarify the definition of "domestic products," which previously lacked uniformity, leading to ambiguity in practice [3]. - The standards will require products to be produced within China, with specific cost ratios for components and localization of key components and processes [3][4]. - A 20% price evaluation preference will be granted to domestic products compared to non-domestic products in government procurement activities [4]. Group 2: Impact on Foreign Enterprises - The new policies will ensure that foreign enterprises producing in China are treated equally, thus enhancing their confidence and encouraging more multinational companies to invest in China [5][6]. - This approach aligns with international trade rules and aims to stabilize foreign investment by reducing concerns about "invisible discrimination" [5]. Group 3: Supply Chain and Technological Innovation - The policies are designed to enhance supply chain security and resilience by promoting localization of critical components and processes [6]. - By leveraging government procurement as a demand-side tool, the policies aim to guide resources towards high-end manufacturing and strategic emerging industries, fostering technological innovation and industrial upgrading [6].

Core Viewpoint - The recent government procurement policy changes in China aim to implement domestic product standards, marking a significant step towards institutionalization and standardization of the procurement system [1][3]. Group 1: Policy Implementation - The State Council meeting on September 19 emphasized the importance of establishing domestic product standards and related policies in government procurement as a crucial measure to enhance the procurement system [1]. - The Ministry of Finance plans to solicit public opinions on the draft notice regarding domestic product standards and implementation policies in government procurement by December 2024 [3]. Group 2: Market Impact - The new policies are expected to have a profound impact on the government procurement market, which exceeds 30 trillion yuan, growing from 100.9 billion yuan in 2002 to 3.6399 trillion yuan in 2021, with its share of fiscal expenditure increasing from 4.6% to 10.1% [4]. - In 2023, the national government procurement scale was reported at 3.39296 trillion yuan, indicating a slight decline in recent years [5]. Group 3: Classification and Transition - The meeting proposed a reasonable classification approach to set domestic product standards, suggesting that specific requirements for key components and processes will be established based on industry characteristics, rather than a one-size-fits-all domestic production ratio [5]. - The policy will include a transition period to support enterprises in preparing for industrial layout and investment plans, with varying durations based on industry complexity [6]. Group 4: Fair Competition - The emphasis on equal treatment for all business entities, including state-owned, private, and foreign enterprises, aligns with the goal of ensuring fair competition in the procurement process [6]. - The establishment of clear domestic product standards is seen as a prerequisite for fair treatment of foreign enterprises, reflecting China's commitment to optimizing the business environment [6]. Group 5: International Context - The new procurement policy is part of China's broader reform and opening-up strategy, reflecting both the need to safeguard national economic security and a commitment to expanding openness [6]. - Similar standards for domestic products in government procurement are already established in major developed countries, such as the U.S. with the "Buy American Act" [6]. Group 6: Future Outlook - The implementation of these policies is expected to lead to a more standardized, transparent, and open government procurement market in China [7].

Group 1 - The meeting emphasized that the construction of a beautiful China is a long-term systematic project requiring persistent efforts [1] - It highlighted the need to implement Xi Jinping's ecological civilization thought and adhere to the concept that "lucid waters and lush mountains are invaluable assets" [1] - The focus is on integrating high-quality development with high-level protection to enhance green development momentum while reducing resource and environmental costs [1] Group 2 - The meeting discussed the establishment of domestic product standards in government procurement as an important measure to improve the procurement system and ensure fair competition [2] - It called for reasonable classification and specific requirements for key components and processes of certain products, while also ensuring equal treatment for all business entities [2] - The draft amendment of the Banking Supervision Law was discussed and approved in principle, aiming to enhance the stability of financial institutions and protect consumer rights [2]

Core Viewpoint - The recent government procurement policy changes in China signify a move towards deeper institutionalization and standardization of the procurement system, emphasizing the implementation of domestic product standards and related policies [1][4]. Group 1: Policy Implementation - The State Council meeting on September 19 highlighted the importance of establishing domestic product standards in government procurement as a key measure to improve the procurement system and ensure fair treatment for foreign enterprises [1][4]. - The Ministry of Finance plans to solicit public opinions on the draft notice regarding domestic product standards and implementation policies in government procurement by December 2024 [3]. Group 2: Market Impact - The new policies are expected to have a profound impact on the government procurement market, which exceeds 3 trillion yuan, having grown from 100.9 billion yuan in 2002 to 3.6399 trillion yuan in 2021, increasing its share of fiscal expenditure from 4.6% to 10.1% [5]. - In 2023, the national government procurement scale was reported at 3.39296 trillion yuan, indicating a slight decline in recent years [6]. Group 3: Classification and Transition - The meeting proposed a reasonable classification approach to set domestic product standards, suggesting that specific requirements for key components and processes will be established based on industry characteristics rather than a one-size-fits-all domestic production ratio [6]. - The policy emphasizes a reasonable transition period to support enterprises in preparing for industrial layout and investment plans, with different industries potentially receiving varying adjustment times [7][8]. Group 4: Fair Competition - The policy aims to ensure equal treatment for all types of enterprises, including state-owned, private, and foreign companies, as long as they meet the domestic product standards, aligning with the ongoing reforms to optimize the business environment in China [8]. - The establishment of clear domestic product standards is seen as a prerequisite for fair treatment of foreign enterprises, ensuring that all products produced within China are treated equally [8]. Group 5: International Context - The new government procurement policy reflects a significant step in China's reform and opening-up process, balancing national economic security with a commitment to expanding openness, similar to practices in developed countries like the U.S., Japan, and the EU [8]. Group 6: Future Outlook - With the implementation of these policies, the government procurement market is expected to become more standardized, transparent, and open [9].