Notice of the State Council on cleaning up ＂triangular debts＂ nationwide

　

The State Council on nationwide clean-up.

Notice on the work of "triangle debt"

　

Guofa [1990〕19number

　

People’s governments of all provinces, autonomous regions and municipalities directly under the Central Government,All ministries and agencies directly under the State Council.:

　　 present,Due to the weak market,Finished goods backlog,The contradiction of insufficient liquidity in industrial production is very acute.,It is very serious for enterprises and units to default on each other’s payment for goods and to owe each other before clearing and after clearing.,It has become a prominent problem that affects the normal production at present.,It also damaged social credit. In order to alleviate this contradiction,The State Council decided to clean up the "triangle debt" nationwide. Leading comrades in all regions and departments should attach great importance to this work.,Take it as an important task of rectification and deepening reform. The relevant matters are hereby notified as follows:

　　 First, the principle of paying off debts. Clearing debts should be combined with starting and promoting the current industrial production.,Combined with the implementation of national industrial policies and the adjustment of industrial and product structure.,Combined with strengthening the construction of fund management system,Combined with the promotion of invigorating the market.

　　 Second, methods and steps. The work of clearing debts is carried out in a piecemeal and bottom-up way. first step,First in the provinces, autonomous regions and municipalities directly under the central government and infrastructure, foreign trade, commerce, materials and other systems.,By all regions and departments to organize their own work. In combination with the recent issuance of various loans,All enterprises and units whose construction funds and foreign trade, commerce and material system acquisition funds have been put in place.,Payment for equipment or raw materials owed to the production enterprise shall be paid immediately. National key construction funds have not yet been put in place,Finance, credit and other relevant departments should pay in full in time.,No new arrears will be added. Second step,With the provinces, autonomous regions and municipalities directly under the central government as the center.,Organize inter-provincial(District and city)Regional clean-up of. Third step,Carry out nationwide clean-up on the basis of regional clean-up. The work of clearing debts will be basically completed before the end of July this year.

　　 Third, in order to clean up the "triangle debt",The bank will invest a batch of start-up funds.

　　 Fourth, in order to solve the problem of clearing before and owing after,All enterprises and units must abide by the contract.,Strictly enforce the discipline of financial settlement. From April 1st this year.,Any unit that unreasonably defaults on payment for goods.,Pay daily interest to the payeethree?Late fees.

　　 Five, to strengthen the leadership of the work. The State Council decided to set up a leading group in the State Council to clean up the "triangular debt"(The list of members is attached.),Responsible for organizing and leading the work of cleaning up "triangular debts" nationwide. The leading group has a temporary office.,Production Committee in the State Council,It is composed of personnel selected by relevant departments.,No additional organization and establishment. All provinces, autonomous regions and municipalities directly under the Central Government shall be responsible for the main leading comrades of the government.,Involve relevant departments.,Form a leading group to clean up the "triangular debt". The relevant administrative departments in the State Council should also be responsible for the main leading comrades.,Set up a leading group to clean up the "triangular debt".

　　 All localities and departments should earnestly follow the above requirements.,Do a good job in cleaning up the "triangle debt",Invigorate the production of enterprises, especially large and medium-sized enterprises,To ensure the sustained, stable and coordinated development of the national economy.

　　　　

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　State Council

　　　　 　　　　　　　　　　　　　　　　　　　　　March 26, 1990

　

List of members of the leading group for cleaning up "triangular debts" in the State Council

　

group　 long　State Councilor Zou Jiahua and Director of the State Planning Commission

deputy group leader　leaf 　Deputy Director of the State Planning Commission and Director of the the State Council Production Committee.

Zhou Zhengqing, Vice President of China People’s Bank

succeed　member　 Liu Zhongli, Vice Minister of Finance

Zhang Shiyao, Vice Minister of Commerce

Shen Jueren, Vice Minister of Economy and Trade

Ma Yimin, Vice Minister ministry of materials and equipment

Vice President of Industrial and Commercial Bank of Liu Tinghuan

Zhou Hanrong, Vice President of China Construction Bank

Lin Zhongjie, Vice President of Agricultural Bank

Lei Zuhua, Vice President of China Bank