The General Office of the State Council issued a notice to address the difficulty small and medium-sized enterprises face in getting paid, requiring leading enterprises to honor 60-day cash payment commitments and reducing the maximum payment period for electronic accounts receivable certificates to 6 months. Central bank data show that as of end-July, the balance of accounts receivable certificates market-wide was 2.4 trillion... (Xinhua Finance) [evidence:310843] Key events: State Council office issues document to address payment difficulties for SMEs, cutting electronic certificate period to 6 months (Xinhua Finance) [evidence:310843]