
Core Viewpoint - The Ministry of Industry and Information Technology (MIIT) has launched an online platform to address issues related to payment delays by key automotive companies, aiming to ensure that these companies adhere to their commitment of a payment period not exceeding 60 days for suppliers [1][2]. Group 1: Key Issues Addressed - The online platform will accept complaints regarding four main issues: 1) Key automotive companies failing to adhere to the 60-day payment commitment; 2) Unreasonable payment terms set by these companies; 3) Coercion of suppliers to accept non-cash payment methods; 4) Other issues related to the enforcement of the "Regulations on Ensuring Payment to Small and Medium-sized Enterprises" [1]. - Seventeen key automotive companies, including FAW, Dongfeng, and GAC, have publicly committed to a payment period not exceeding 60 days, which has received positive social feedback [2]. Group 2: Industry Response and Future Actions - Experts emphasize that while the commitment exists, there are ambiguities regarding the start date for payments, which can lead to de facto delays [2]. - The MIIT's initiative is seen as a significant step towards protecting the rights of suppliers, particularly small and medium-sized enterprises, by ensuring that automotive companies fulfill their payment commitments [2]. - Future actions by the MIIT will include guiding industry organizations to develop payment settlement standards and promoting contract templates to further standardize payment processes in the automotive sector [3].