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For China’s private sector, Beijing’s long-sought decree seen as key to getting paid

SCMP LogoSCMP13h ago

For China’s private sector, Beijing’s long-sought decree seen as key to getting paid - SCMP

Quick Summary:

Buyers will have 60 days to pay for cargo, projects or services after they are delivered, plus more supervision and a complaint platform.

Tang Dajie, a researcher with Beijing-based China Enterprise Institute think tank, said private SMEs are at a loss in the face of huge local government debts.

Amendments were made to the decree in the five months between its introduction and Li’s signing.

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Article Details

Author / Journalist: Frank Chen

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-25 @ 16:59:55 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 219 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27316267

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 13 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 9 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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  • URL: https://chronographically.beamstart.com/news/for-chinas-private-sector-beijings-17428932361322

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