China plans to introduce a new procurement policy that will give a significant price advantage to domestically produced goods. The Ministry of Finance has proposed a rule that would evaluate Chinese products at prices 20% lower than their actual sales figures when competing against foreign products in government procurement processes.

This move is seen as a strategic effort to strengthen local supply chains in anticipation of potential tariff increases from the United States. The draft rule is currently open for public feedback and is expected to be formalized and enacted after necessary procedures are completed.

This initiative highlights China's ongoing efforts to bolster its domestic manufacturing sector amid increasing trade tensions and the possibility of more protectionist policies under a future U.S. administration.