Core Viewpoint - The Ministry of Industry and Information Technology has launched an online complaint platform to address payment issues faced by small and medium-sized enterprises (SMEs) in the automotive industry, amid increasing competition and extended payment cycles from major car manufacturers [2][3] Group 1: Payment Issues in the Automotive Industry - The automotive industry is experiencing intensified competition, leading to longer payment cycles for suppliers, with some manufacturers extending payment terms to 180 days [2] - Suppliers are facing significant cash flow challenges, with some forced to accept terms such as a 15% price reduction and a 60-day extension on payment terms, resulting in cash flow turnover days exceeding 240 days [2] - The recently revised "Regulations on Ensuring Payment to SMEs" stipulates that large enterprises must pay project funds within a maximum of 60 days [2] Group 2: Implementation of Payment Commitments - Seventeen car manufacturers, including FAW, Dongfeng, and GAC, have committed to a 60-day payment term, but the enforcement of these commitments remains a significant concern [2] - The newly established complaint window will handle four types of complaints related to payment term violations, unreasonable payment conditions, forced acceptance of non-cash payment methods, and other issues related to the enforcement of the regulations [2] Group 3: Complaint Handling Process - The complaint window provides a clear channel for suppliers to report issues, with a formal review process that takes up to 5 working days, and general issue resolution expected within 20 to 30 working days depending on complexity [3] - This initiative aims to standardize payment behaviors among enterprises, enabling timely identification and correction of breaches, thereby promoting healthier and more orderly development in the automotive industry [3]
工信部再出手:为重点车企践行“60天账期”承诺
Xi Niu Cai Jing·2025-07-14 14:41