CITIC Securities: Auto Industry Ushers in a New Era of High-Quality Development Amid Policy Adaptations
3 day ago / Read about 0 minute
Author:小编   

A recent research report by CITIC Securities reveals that leading automakers, including GAC and Dongfeng, have harmonized their supplier payment terms to a maximum of 60 days. This move aims to expedite capital circulation within the industrial chain, shore up supply chain resilience, and propel the automotive industry towards high-quality development.