Payment Terms Legislation In China

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China

Please scroll down for a summary of payment terms in China and the various industries across which payment term legislation appears.

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Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Notes

Article 161 of the Contract Law of the People’s Republic of China provides that if the payment time is not stated and additional agreement cannot be reached then payment is due on delivery.

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