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Article author:Yingting Lawyers Group | Update time:2026-06-22 | Reading times:160
"Private Economy Promotion Law"
Article 67: State agencies, public institutions, and state-owned enterprises shall pay accounts to private economic organizations in a timely manner in accordance with the law or in accordance with contracts. They shall not refuse or delay payment of accounts to private economic organizations on the grounds of personnel changes, internal payment procedures, or waiting for completion acceptance approval, final accounts audit, etc. in the absence of stipulations in the contract; unless otherwise provided by laws and administrative regulations, it shall not be mandatory to use audit results as the basis for settlement.
Audit agencies shall audit and supervise the payment of accounts to private economic organizations by state agencies, public institutions and state-owned enterprises in accordance with the law.
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