China is a market-oriented economy that is a major player in the global economy and has a rapidly growing private sector. The country is the third largest economy in the world after the US and Japan when measured in exchange-rate terms. China is actively moving towards development of stock markets, foundation of a diversified banking system, modernized agriculture, fiscal decentralization gradual liberalization of prices, increased autonomy for state enterprises, and the opening to foreign trade and investment. A large number of China tenders and RFP's float from Consultancy, Agriculture and Sanitation Services.
