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China's transportation market is one of the largest and fastest-growing in the world. In 2021, the total value of the market reached over 13.5 trillion yuan (US$2.0 trillion). The market is expected to continue to grow at a CAGR of over 7% in the coming years, driven by factors such as urbanization, rising incomes, and increasing e-commerce.
The Chinese government is a major purchaser of transportation products and services. In 2021, the government spent over 2.5 trillion yuan (US$370 billion) on transportation procurement. The government is committed to using procurement to promote innovation and efficiency in the transportation sector.
The main transportation products and services procured by the Chinese government include:
Railway construction and equipment
Road construction and maintenance
Airport construction and equipment
Public transportation vehicles and equipment
Logistics services
The top authorities responsible for China transportation procurement are:
Ministry of Transport
National Development and Reform Commission
Ministry of Finance
Ministry of Industry and Information Technology
Top Winners of China Transportation Procurement
The top winners of China transportation procurement are:
China State Construction Engineering Corporation
China Railway Engineering Corporation
China Communications Construction Company
China Railway Signal & Telecommunication Corporation
CRRC Corporation Limited
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