BEIJING, Sept. 15 (Xinhua) (Reporter: Tang Shining) On the 15th, the China Association of Automobile Manufacturers issued the "Initiative on Payment Norms for Accounts Payable of Automobile Vehicle Enterprises". Focusing on key aspects such as order confirmation, delivery and acceptance, payment and settlement, and contract duration, it put forward normative initiatives for relevant content in the procurement contracts between vehicle enterprises and supplier enterprises.

The initiative emphasizes the implementation of the requirements of the "Regulations on Ensuring Payment for Small and Medium - sized Enterprises", refraining from using the dominant position of large enterprises to infringe upon the interests of suppliers, and striving to build a collaborative and win - win development ecosystem of "vehicles - components" to jointly promote the high - quality development of the automobile industry.

The initiative clarifies that Party A (vehicle enterprise) and Party B (supplier enterprise) shall confirm matters such as the order date through the purchase order; Party B shall deliver goods to Party A in accordance with the purchase order and the delivery order; Party A shall complete the acceptance in a timely manner after receiving the goods (in principle, within no more than 3 working days).

In terms of payment and settlement, the initiative proposes that the payment period of Party A shall be calculated from the date when Party B delivers the goods and passes Party A's acceptance, with a maximum of no more than 60 natural days (if the payment date falls on a legal holiday, it shall be postponed). If Party B is a non - small and medium - sized enterprise providing continuous supply, after negotiation between the two parties, centralized reconciliation can be carried out within a certain period, and the payment period shall be calculated from the reconciliation date of the two parties; Party A shall conduct centralized reconciliation at least once a month. If the two parties have not reached an agreement on the supply unit price, Party A shall make an advance payment of a certain proportion of the amount calculated according to the unit price of the latest supply contract or the development fixed - point unit price with Party B. It is encouraged to use cash or bank acceptance bills for payment. If Party B is a small and medium - sized enterprise, it is advocated to use all cash or bank acceptance bills for payment.

The initiative also proposes to advocate that Party A and Party B establish a long - term and stable cooperative relationship, and the validity period of each contract signed shall be no less than one year.

Declaration: This article comes fromXinhuanet. If copyright issues are involved, please contact us to delete.