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SOEs Told: Pay Your Bills On Time

2019年09月06日 21:04 来源于 财新网
Government agencies, state firms and big companies who delay paying small businesses could be fined and blacklisted
The impact of arrears can ripple through the supply chain, as many companies who can’t get paid are forced to delay payments to their own suppliers and take out loans to reduce financial pressure on their own businesses. Photo: VCG

China is stepping up measures to help millions of struggling small companies with new rules to curb abuse by government agencies, state-owned enterprises (SOEs) and large companies that will include forcing them to pay their bills on time.

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