US EditionChinese carmakers agree to standardize supplier payment periods
Summary by digitimes.com
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Major Chinese automakers pledge to make supplier payments within 60 days
A total of 13 Chinese automakers made a statement on Wednesday, promising to unify their supplier payment time to within 60 days, in a move to ensure the stability of the automobile sector supply chain, according to a post released by China’s Ministry of Industry and Information Technology (MIIT) seen on its WeChat account on Wednesday.
·Beijing, China
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