China's public procurement market has made significant progress in legal, digital, green, international and ecosystem development in 2025, according to a report released Tuesday by the China Federation of Logistics and Purchasing (CFLP).
The China Public Procurement Development Report 2025 said China's public procurement market totaled 44 trillion yuan (about 6.5 trillion U.S. dollars) in 2025, down 2.22 percent year on year, reflecting a slight contraction in overall scale while continuing to optimize its structure.
Transactions handled through the country's public resources trading platforms reach 20 trillion yuan across 1.77 million projects, covering engineering construction bidding, government procurement, transfers of land-use and mining rights, and transactions involving state-owned property rights.
At the same time, government procurement continued its gradual decline since 2021, with spending reaching about 3.25 trillion yuan in 2025, down 3.71 percent from the previous year.。
Meanwhile, China's overseas project bidding and contracting market maintained strong momentum. The completed turnover of overseas contracted projects rose 7.74 percent year on year to 178.82 billion dollars, while the value of newly signed contracts increased 8.2 percent to 289.22 billion dollars. "The total amount of public procurement has declined steadily in recent years. This reflects the principle of practicing thrift in the public procurement sector. At the same time, we can also see the trend toward improving quality and efficiency and optimizing the structure of public procurement," said Peng Xinliang, secretary-general of the Public Procurement Branch at the CFLP.
The report said public procurement policies have played a stronger role in supporting technological innovation, industrial security, green development and public well-being by promoting domestic products, expanding purchases of green building materials and new energy products, supporting small and private businesses, encouraging innovation through procurement, and contributing to rural revitalization.
It also noted faster progress in improving the institutional framework for public procurement, with revisions to the Bidding Law and the Government Procurement Law accelerating alongside the introduction of new policies aimed at removing market barriers, regulating market order and strengthening the role of public procurement in supporting the development of a unified national market.
China's public procurement market sees structural improvement in 2025: report
