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Ensuring Payments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese firms offer credit for orders, but payment delays remain an issue: survey

Almost 80 per cent of Chinese firms offered payment terms in 2023, up from 50 per cent in 2022, according to a report from global trade credit insurance group Coface.

China to clear arrears owed to SMEs, ensure wage payment to migrant workers--China Economic Net

China to clear arrears owed to SMEs, ensure wage payment to migrant workers--China Economic Net
en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.

China to clear arrears owed to SMEs, ensure wage payment to migrant workers

China will take measures to clear arrears owed to SMEs, and ensure migrant workers' wages are paid on time and in full.

In keeping with the requirement of supporting market entities, efforts will be intensified to rectify arrears to SMEs as the laws and regulations require," he said.Regulations on Ensuring Payments for Small and Medium-sized Enterprises will be strictly implemented, to overhaul malpractices including abuse of market advantages for malicious arrears.

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