Core Viewpoint - The China Automobile Industry Association (CAAM) has released a guideline to standardize payment terms between automobile manufacturers and suppliers, establishing a maximum payment period of 60 days from the date of delivery and acceptance of goods [4][5]. Group 1: Payment Terms - The payment period for automobile manufacturers to suppliers starts from the date the supplier delivers goods and passes the manufacturer's acceptance, with a maximum of 60 calendar days [4]. - Manufacturers are encouraged to complete the acceptance of goods within three working days after receipt [4]. - Payment methods should be negotiated, with a preference for cash (bank transfer, remittance, etc.) or bank acceptance bills, especially for small and medium-sized suppliers [4][5]. Group 2: Supplier Relations - The initiative promotes the establishment of long-term stable relationships between manufacturers and suppliers, with contracts having a minimum validity of one year [4]. - For non-small and medium-sized suppliers providing continuous supply (more than twice a month), both parties can agree to consolidate accounts within a certain timeframe, starting from the date of reconciliation [5]. - Manufacturers are required to conduct at least one reconciliation per month to verify the quantity of accepted goods and corresponding payments [5]. Group 3: Support for Small and Medium Enterprises - The initiative aims to implement the "Regulations on Payment for Small and Medium Enterprises," supporting key manufacturers in fulfilling their payment commitments to suppliers [5]. - It emphasizes not exploiting the advantages of large enterprises to harm supplier interests, fostering a collaborative ecosystem between manufacturers and parts suppliers for high-quality development in the automotive industry [5].
中汽协再提“60天账期”:中小企业倡导采用现金或银行承兑汇票支付
 Zhong Guo Jing Ying Bao·2025-09-15 07:36