On April 25th, the Party Group of the National Development and Reform Commission issued a document stating that efforts will continue to be made to solve the problem of overdue payments to private enterprises. Fully implement the Regulations on Guaranteeing Payment for Small and Medium sized Enterprises, make good use of policies such as new local government special bonds, establish a credit supervision mechanism in the field of overdue enterprise accounts, include relevant default and overdue situations in the credit records of relevant entities, strengthen bill management and information disclosure, implement punishment for dishonesty in accordance with laws and regulations, and work together with relevant departments to accelerate the formation of a joint force to clean up overdue enterprise accounts.
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