Yang Shi Wang·2025-06-12 07:17Group 1 - Key Point 1: Seventeen major automotive companies, including FAW, Dongfeng, GAC, and Seres, have committed to a payment term not exceeding 60 days, which is seen as a significant step for the sustainable development of the automotive industry [1][7] - Key Point 2: The commitment from automotive companies reflects a proactive response to national calls and demonstrates corporate social responsibility, contributing to a collaborative ecosystem between vehicle manufacturers and parts suppliers [1][5] - Key Point 3: The automotive supply chain is crucial for the industry's transformation and upgrading, with increasing competition in the electric vehicle market leading to longer payment cycles and financial difficulties for suppliers [3][5] Group 2 - Key Point 1: The Ministry of Industry and Information Technology supports vehicle manufacturers in fulfilling their commitments and encourages the establishment of stable partnerships with supply chain companies to enhance resilience and safety in the supply chain [5][7] - Key Point 2: The recent revision of the "Regulations on Guaranteeing Payment to Small and Medium Enterprises" limits large enterprises' payment terms to a maximum of 60 days, which is expected to improve the business environment for SMEs and boost market confidence [7] - Key Point 3: The automotive industry is currently at a critical stage of high-quality development, and there is a call for industry self-discipline and support from all sectors to foster a positive and orderly development environment [5][7]