PBOC: Strengthen accounts payable information disclosure, continue to support enterprises in replacing accounts payable through loans and bond issuance.

Zhitong Finance APP has learned that on September 14, the State Council Information Office held a regular State Council policy briefing to introduce work related to strengthening the governance of the difficulty small and medium-sized enterprises face in collecting payments. Cao Yuanyuan, Director of the Financial Market Department of the People's Bank of China, said at the meeting that the People's Bank of China will strictly follow the requirements of the Notice on Strengthening the Governance of the Difficulty Small and Medium-sized Enterprises Face in Collecting Payments, actively cooperate with relevant departments to strengthen the governance of large enterprises' payment issues, and for enterprises issuing bonds in the interbank market, strengthen disclosure of accounts payable information and continue to support enterprises in replacing accounts payable through loans and bond issuance. For those enterprises that significantly reduce accounts payable and payment terms, facilitation will be provided in bond issuance. At the same time, support for financing for small and medium-sized enterprises will be further increased, special actions to provide financial support for the development of private and inclusive small and micro enterprises will be carried out, and guidance will be given for the reasonable growth of the scale of loans to private and inclusive small and micro enterprises, the steady improvement of loan quality, and the basic stability of loan interest rates and the scale of high-quality customers, so as to further improve the service quality and efficiency of inclusive finance.