Group 1 - The core viewpoint emphasizes the importance of precise governance and execution in the automotive industry for maintaining stability and vitality in the supply chain [1] - The China Automobile Industry Association released a proposal focusing on the "60-day payment term commitment," addressing pain points in its implementation and establishing comprehensive guidelines for key processes such as order confirmation, delivery acceptance, payment settlement, and contract duration [1] - Seventeen major automakers, including Dongfeng, SAIC, Chery, and BYD, have committed to actively implement the payment term standards outlined in the proposal [1] Group 2 - The proposal not only sets a "hard benchmark" for automakers to adhere to payment term commitments but also signals a strong message for enhanced industry self-discipline [2] - The initiative reflects a significant transformation in industry governance concepts, demonstrating that self-regulation can be practical and effective [2] - Recent calls from industry associations in sectors like photovoltaics, cement, steel, and semiconductors to resist low-price competition indicate a positive trend towards industry self-discipline [2]

Core Viewpoint - The article emphasizes the importance of precise governance and execution in the automotive industry during its transition to high-quality development, highlighting the release of the "60-day payment term commitment" initiative by the China Automobile Industry Association as a significant step towards enhancing industry self-discipline and operational efficiency [1][2]. Group 1 - The China Automobile Industry Association released a guideline focusing on the "60-day payment term commitment," addressing key processes such as order confirmation, delivery acceptance, payment settlement, and contract duration [1]. - Seventeen major automotive companies, including Dongfeng, SAIC, Chery, and BYD, have committed to actively implementing this payment term initiative, indicating a collective effort to improve industry standards [1]. - The initiative aims to transform macro policies into actionable industry norms, thereby facilitating the execution of policies and addressing the challenges faced by the supply chain [1][2]. Group 2 - The article draws parallels with the banking sector, where the China Banking Association has been working since 2010 to establish standards and resolve financial consumer disputes, thereby reinforcing the importance of governance in maintaining industry health [1]. - Industry associations are portrayed as crucial links between the government, enterprises, and the market, playing a vital role in maintaining order and facilitating development across the entire industry chain [1]. - The article suggests that the recent calls for self-discipline from various industry associations, including those in solar energy, cement, steel, and semiconductors, indicate a positive trend towards improved market order and cooperation among industries [2].