CAAM issues new guidelines to standardize payments in auto supply chain By Li Jiaying | chinadaily.com.cn | Updated: 2025-09-15 12:22

https://www.chinadaily.com.cn/a/202509/15/WS68c79484a3108622abca0cd3.html The China Association of Automobile Manufacturers (CAAM) on Monday issued new guidelines aimed at standardizing payment terms in procurement contracts between automakers and suppliers, in a bid to foster a more collaborative and sustainable industry ecosystem.