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On September 14, Cao Yuanyuan, director of the Financial Markets Department of the People's Bank of China, said at the State Council's policy routine briefing that during the peak period, there were more than 200 electronic certificate service platforms in the entire market, and the balance of electronic vouchers accounts receivable reached 3 trillion yuan, involving many core enterprises and upstream and downstream suppliers. After more than a year of regulation, as of the end of July, the total market account certificate balance was 2.4 trillion yuan, down 20% from before the regulation.
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On September 14, Cao Yuanyuan, director of the Financial Markets Department of the People's Bank of China, said at the State Council's policy routine briefing that during the peak period, there were more than 200 electronic certificate service platforms in the entire market, and the balance of electronic vouchers accounts receivable reached 3 trillion yuan, involving many core enterprises and upstream and downstream suppliers. After more than a year of regulation, as of the end of July, the total market account certificate balance was 2.4 trillion yuan, down 20% from before the regulation.
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