A circular from the General Office of the State Council (reported Sept 15, 2026) sets 10 measures to end delayed payments to SMEs: industry leaders are urged to pay suppliers in cash within 60 days of delivery, electronic accounts-receivable certificates are capped at a six-month maturity, and government procurement projects must be paid entirely in cash. It also mandates enhanced payment-practice disclosures for listed companies and state-owned enterprises.
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China orders big firms to pay SME suppliers in cash within 60 days
Why this matters for founders
If your startup sells to large corporates, SOEs, or government buyers, invoke the 60-day cash rule and the six-month cap on receivable certificates in contract terms and collections follow-ups to shorten your cash-conversion cycle.
Source: China Daily
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