The China Internet Finance Association held a member forum on supply chain finance business.
The China Internet Finance Association organized a member symposium on supply chain finance business in Beijing. Secretary-General Ma Chao pointed out that the association actively promotes self-discipline and management work in accordance with the requirements of the notice, and has basically achieved self-discipline management reach of the main institutions of receivables vouchers, initially established a business statistics monitoring mechanism, basically surveyed the market situation, continued to promote the guiding ideology of first standardization and then development, assisting in the reasonable control of voucher deadlines, continuous reduction of financing costs, guiding weak platforms to exit orderly, and promptly handling related risk events. Ma Chao emphasized that first, compliance rectification is still the primary task at present, and blind expansion and development with illnesses are absolutely not allowed; second, association member units must become top students, play a exemplary role, and quickly complete compliance rectification and apply for record filing; third, the association will use self-discipline record-filing as a starting point, make good use of self-discipline inspections, punishment and other means, so that compliant individuals benefit, while violation individuals exit, gradually promote the survival of the fittest in the industry.
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