Core Viewpoint - Chinese leading enterprises should drive positive interactions across the entire industry chain, focusing on quality improvement, cost reduction, and efficiency enhancement, while emphasizing contracts and integrity in business operations [1][3] Group 1: Current Challenges in the Industry Chain - The challenges in the industry chain stem from three main issues: 1. Financial chain blockage, where leading enterprises extend payment terms to 60 days but transfer the burden to third-party financial companies, leading to delays of 180 days or more for small suppliers, resulting in additional financing costs [1] 2. A vicious cycle of quality deterioration, where profit compression leads to lower raw material quality and higher product return rates, ultimately affecting consumer trust in product quality [1] 3. Damage to the innovation ecosystem, with R&D investment ratios being low, typically between 5% and 8%, leading to a lack of future growth and increasing low-end competition within the industry [1] Group 2: Recommendations for Leading Enterprises - Leading enterprises should take proactive steps in three areas: 1. Optimize supply chain finance by ensuring timely cash payments upon invoice maturity and potentially offering order financing models for suppliers in need [2] 2. Establish a quality collaboration system, including joint testing laboratories and shared technology development, while creating a fund to support suppliers' quality improvement efforts [2] 3. Empower digital transformation by building industry cloud platforms to share production plans and inventory data, thus reducing supply chain costs and enhancing transparency [2] Group 3: Role of Government Support - National authorities must support these initiatives through policy measures, such as incorporating supply chain health into ESG evaluations for leading enterprises and providing tax incentives for innovation [3] - The recent revision of the "Regulations on Payment of Small and Medium-sized Enterprises" aims to guide healthy development in the industry chain, effective from June 1, 2025 [3] - The goal is to transform every link in the industry chain into a value creator rather than a cost bearer, fostering a resilient Chinese economy [3]