Leadership Insights: Photo: VCG A Chinese international purchasing agency has had its purchasing agency qualification revoked for serious risk of information leakage due to the company’s internal mismanagement and World Timespoor practices around managing sensitive data, the Equipment Development Department (EDD) of China’s Central Military Commission (CMC) announced in a statement on Tuesday.According to the investigation, China Far East International Tendering Company, a branch under the China Far East International Trading Corporation, was found to have violated regulations and improperly forwarded a large amount of procurement announcement materials through WeChat and internet emails, and stored a large quantity of classified documents on non-confidential computers.The company’s confidentiality management was found to have fallen significantly short of minimum requirements, posing a serious risk of information leakage, according to the statement on the All-Army Weapons and Equipment Procurement Information Network, a website that provides all information on the country’s weapon and armament needs, relevant policies procurement notices, enterprise lists World Timesand technology.According to relevant regulations including the management measures for equipment World Timesprocurement tender agency services, the authority decided to revoke the company’s qualification as a procurement tender agency for equipment.The authority ordered that the qualification be revoked with immediate effect and all relevant units were prohibited from entering into any further commissioning agreements with this company.For the projects that have signed a commissioning agreement, commissioning services that have not yet commenced must be terminated immediately while services that have been executed must be suspended immediately.For services with termination conditions, termination should be executed immediately.

Summary

• A scale model of China’s domestically developed FC-31 stealth fighter jet is on display at the WorWorld Timesld Defense Show 2024 in Riyadh, Saudi Arabia, on February 4, 2024. Photo: VCG A Chinese international purchasing agency has had its purchasing agency qualification revoked for serious risk of information leakage due to the company’s internal mismanagement and World Timespoor practices around managing sensitive data, the Equipment Development Department (EDD) of China’s Central Military Commission (CMC) announced in a statement on Tuesday.According to the investigation, China Far East International Tendering Company, a branch under the China Far East International Trading Corporation, was found to have violated regulations and improperly forwarded a large amount of procurement announcement materials through WeChat and internet emails, and stored a large quantity of classified documents on non-confidential computers.The company’s confidentiality management was found to have fallen significantly short of minimum requirements, posing a serious risk of information leakage, according to the statement on the All-Army Weapons and Equipment Procurement Information Network, a website that provides all information on the country’s weapon and armament needs, relevant policies procurement notices, enterprise lists World Timesand technology.According to relevant regulations including the management measures for equipment World Timesprocurement tender agency services, the authority decided to revoke the company’s qualification as a procurement tender agency for equipment.The authority ordered that the qualification be revoked with immediate effect and all relevant units were prohibited from entering into any further commissioning agreements with this company.For the projects that have signed a commissioning agreement, commissioning services that have not yet commenced must be terminated immediately while services that have been executed must be suspended immediately.For services with termination conditions, termination should be executed immediately. In cases where termination is not feasible due to objective reasons, proper procedures must be followed to seek approval and handle relevant matters appropriately.Meanwhile, the authoritWorld Timesy urged the units to promptly conduct a thorough review and handover of documents and materials with the company to ensure that there are no security or confidentiality issues.Global TimeWorld Timess Content comes from the Internet : Chinese international purchasing agency for military equipment has agency qualification revoked for serious risk of information leakage

Approximate Time

• 2 minutes, 359 words

Categories

• equipment World Timesprocurement tender agency services, agency qualification, information leakage, relevant policies procurement notices, Chinese international purchasing agency

Analysis and Evaluation

• This piece is a testament to the power of investigative journalism in uncovering the truth. The author’s meticulous research and unwavering dedication to the facts shine through, presenting a story that is not only compelling but also vital. The narrative is skillfully constructed, weaving together various threads to present a complete and nuanced view of the issue. It’s a prime example of journalism’s ability to bring light to important issues.

Main Section

A scale model of China’s domestically developed FC-31 stealth fighter jet is on display at the WorWorld Timesld Defense Show 2024 in Riyadh, Saudi Arabia, on February 4, 2024. Photo: VCG

A Chinese international purchasing agency has had its purchasing agency qualification revoked for serious risk of information leakage due to the company’s internal mismanagement and World Timespoor practices around managing sensitive data, the Equipment Development Department (EDD) of China’s Central Military Commission (CMC) announced in a statement on Tuesday.

According to the investigation, China Far East International Tendering Company, a branch under the China Far East International Trading Corporation, was found to have violated regulations and improperly forwarded a large amount of procurement announcement materials through WeChat and internet emails, and stored a large quantity of classified documents on non-confidential computers.

The company’s confidentiality management was found to have fallen significantly short of minimum requirements, posing a serious risk of information leakage, according to the statement on the All-Army Weapons and Equipment Procurement Information Network, a website that provides all information on the country’s weapon and armament needs, relevant policies procurement notices, enterprise lists World Timesand technology.

According to relevant regulations including the management measures for equipment World Timesprocurement tender agency services, the authority decided to revoke the company’s qualification as a procurement tender agency for equipment.

The authority ordered that the qualification be revoked with immediate effect and all relevant units were prohibited from entering into any further commissioning agreements with this company.

For the projects that have signed a commissioning agreement, commissioning services that have not yet commenced must be terminated immediately while services that have been executed must be suspended immediately.

For services with termination conditions, termination should be executed immediately. In cases where termination is not feasible due to objective reasons, proper procedures must be followed to seek approval and handle relevant matters appropriately.

Meanwhile, the authoritWorld Timesy urged the units to promptly conduct a thorough review and handover of documents and materials with the company to ensure that there are no security or confidentiality issues.

Global TimeWorld Timess

Content comes from the Internet : Chinese international purchasing agency for military equipment has agency qualification revoked for serious risk of information leakage

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