According to the Shaanxi Provincial Development and Reform Commission, since April this year, 12 departments in Shaanxi Province jointly issued the "Implementation Plan for Improving the Bidding and Transaction Guarantee System in Shaanxi Province to Further Reduce Bidding and Transaction Costs", the reform of the bidding and transaction guarantee system in the province has been continuously deepening.

Recently, the Shangrao Public Resource Trading Center issued a notice stating that in order to expand the channels for the use of electronic guarantee letters and further optimize the business environment, all electronic guarantee letter businesses should be upgraded to achieve full category coverage and the entire process of "online application, online processing, online letter issuance, and online inquiry" as soon as possible, achieving an integrated electronic guarantee letter work pattern of "city level construction, county and district use, one-stop acceptance, and easy handling".

Recently, in order to continuously optimize the business environment in the bidding and tendering field and effectively reduce transaction costs, the Ganzhou Development and Reform Commission, in conjunction with relevant departments directly under the city, issued a notice on the trial implementation of the credit commitment system in bidding and tendering activities for some engineering construction projects

Credit Empowerment, Load Reduction, and Cost Reduction - Hefei Electronic Bid Guarantee Online Office

According to the Liaoning Provincial Department of Finance, it has recently launched the electronic advance payment guarantee business on the Liaoning Government Procurement Network's electronic guarantee platform, leveraging the government procurement policy function to ensure the financial security of purchasers while minimizing the financial pressure on suppliers and supporting small and medium-sized enterprises in relieving difficulties.