TREE NEWS update: China’s Ministry of Industry and Information Technology and the State Administration for Market Regulation issued a notice urging automakers to standardize payments to suppliers and optimize payment period management. The notice requires compliance with anti-unfair competition, anti-monopoly, and SME payment protection laws to build fair and mutually beneficial vehicle-parts partnerships.
China urges automakers to standardize supplier payment terms
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
2m ago
Kremlin: Putin-Trump call possible after Witkoff-mediated talks
8m ago
France’s 2027 budget plan may require major cuts, deficit could hit 6%
27m ago
China’s ‘Silk Road E-commerce’ Signed Deals with 38 Countries in Decade
27m ago
Zhangyuan Tungsten Sets Sept H1 Long-Term Purchase Prices
36m ago
JLR CEO to cut about 4,000 jobs globally in next two years
44m ago
China Merchants Energy optimistic on dry bulk despite BDI record