As the last resort to protect the claims of financial institutions, if the insolvency law fails to fully protect the interests of the creditors, non-performing loans and credit risks will probably accumulate in financial institutions. Currently, legislation of the new Enterprise Insolvency Law has entered a critical stage.
Rather, in order to make their supply chains more resilient to shocks, they are looking to disperse and diversify production locations and procurement sources, and to establish multi-layered supply chains. Firms are also strengthening supply chain management to enhance agility in terms of responding to changes in environment, by visualizing the procurement, production, and supply situations of their particular business bases.