The state owned assets supervision and Administration Commission of the State Council recently issued a notice requiring central enterprises to take measures such as strengthening the control of accounts payable and notes payable and standardizing supply chain financial business, so as to effectively pay the accounts of small and medium-sized enterprises in time and support the development of small and medium-sized enterprises. In the notice on conscientiously implementing the regulations on ensuring the payment of funds by small and medium-sized enterprises and further clearing up the accounts owed to small and medium-sized enterprises recently issued by the SASAC, it is proposed that all central enterprises should take strong and effective measures to further strengthen the control of accounts payable and notes payable. The circular requires that all central enterprises strictly manage non cash payments such as bills, clearly stipulate the payment method and time limit in newly signed contracts, and shall not use their advantageous position to force small and medium-sized enterprises to accept non cash payments; If the newly signed contract does not stipulate non cash payment in advance, in principle, non cash payment shall not be agreed or used afterwards through supplementary agreement. If it is really necessary to use non cash payment afterwards, it shall bear the capital cost; From 2022, unless otherwise agreed in writing in the original contract, commercial acceptance bills and supply chain debt certificates for more than 6 months will not be issued in principle to prevent the payment time limit from being extended in disguised form. In order to help alleviate the financing difficulties and expensive problems of small and medium-sized enterprises, the circular proposes that all central enterprises should actively play the role of "core" enterprises in the industrial chain and support and cooperate with upstream and downstream small and medium-sized enterprises to carry out supply chain financing. The notice makes it clear that if small and medium-sized enterprises handle discount, factoring and other financing businesses with commercial bills, supply chain debt certificates and accounts payable issued by their own units in the group, they shall not delay the confirmation of rights, shall not limit the financing institutions to internal institutions (platforms) of the group, and high interest arbitrage is strictly prohibited. In addition, the circular requires all central enterprises to do a solid job in the verification and handling of arrears clues and respond to the demands of small and medium-sized enterprises in a timely and effective manner. (Xinhua News Agency)