Core Viewpoint - The release of the "Guidelines for Supervision of Procurement Activities of State-Owned Enterprises" by the China Federation of Logistics and Purchasing is a significant step in filling the regulatory gap in the supervision of procurement activities within state-owned enterprises, promoting transparency in procurement, and advancing the reform of state-owned enterprises [1] Group 1 - The standard covers the entire process of procurement supervision, including pre-procurement, during procurement, and post-procurement activities [1] - Key areas addressed in the standard include procurement system framework, sourcing, supplier management, procurement document preparation, and contract performance [1] - The introduction of the "smart supervision" concept aims to utilize big data and artificial intelligence technologies for real-time alerts and risk interception, enhancing the precision and efficiency of supervision [1]

Core Insights - The global supply chain is accelerating its shift towards emerging markets like China, characterized by regionalization, digitalization, and sustainability [1] - China is actively responding to changes through strategies such as "dual circulation" and "new quality productivity," providing a "Chinese solution" for global supply chain optimization [1] Group 1 - The release of the "Global Supply Chain Development Trend Blue Book (2025)" by the China Federation of Logistics and Purchasing highlights current trends in the supply chain [1] - The blue book indicates a significant transformation in the global supply chain landscape, emphasizing the importance of emerging markets [1] - Key features of the evolving supply chain include regionalization, digitalization, and a focus on green practices [1]