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China is spare no effort to revitalize the real economy and stimulate the vitality of small and micro enterprises in private enterprises. Among them, the special action of clearing up the arrears of government departments and state-owned enterprises in private enterprises is undoubtedly a real gold and silver measure. However, compared with the achievement of debt settlement under the strong supervision of government departments, many private enterprises have been in arrears for several years and the indescribable pain of debt recovery is difficult to resolve. Behind the achievements of political tasks, the lack of legal level in China and the urgency of establishing a long-term mechanism are highlighted.
At a briefing held by the State New Office on Monday on the progress of the phased work of clearing up the accounts owed to private enterprises and small and medium-sized enterprises, the Ministry of Industry and Information Technology and the State-owned Enterprises Commission introduced in detail the achievements and problems of the special work. In the first phase, the government departments and large state-owned enterprises of the whole country paid off more than 160 billion yuan of the accounts owed to private enterprises, including the wages of migrant workers. The people's livelihood security project arrears have been paid in priority.