Bill acceptance refers to the act where the payer of a bill commits to bear the liability of the bill, constituting a credit-granting business of banks. When customers face insufficient cash for purchases during commercial transactions and require credit support from banks, they may apply for bill acceptance. Compared with commercial acceptance bills, bank-accepted commercial bills offer more reliable credit assurance from financial institutions, broader circulation scope, and stronger liquidity. Bill acceptance not only reduces capital occupation for enterprises but also lowers capital usage costs, serving as a routine banking business. However, early-stage issues included frequent major bill risk incidents and illegal operations by bill intermediaries.
The digitization of bills and the establishment of unified registration and information disclosure platforms represent crucial measures for improving the bill market system. On January 16, 2020, the commercial bill information disclosure platform developed and operated by the Shanghai Commercial Paper Exchange, approved by the People's Bank of China, commenced trial operations, introducing new risk control pathways to the bill market. As the platform evolves, an increasing volume of bill information is being disclosed and displayed, significantly enhancing the transparency of bill transactions, effectively revealing operational risks, facilitating the circulation of commercial bills, invigorating the bill market, and better supporting real economic development.
The CnOpenData database systematically compiles detailed bill acceptance information disclosed on the commercial bill information disclosure platform, categorized into Enterprise Bill Acceptance Information Summary and Finance Company Bill Acceptance Information Summary. These datasets encompass critical fields such as Acceptor Name (承兑人名称), Unified Social Credit Code (统一社会信用代码), Institution Category (机构类别), Registration Date (注册日期), Disclosure Reference Date (披露信息时点日期), Acceptor's Account Institution (承兑人开户机构名称), Cumulative Acceptance Amount (累计承兑发生额), Acceptance Balance (承兑余额), Cumulative Overdue Amount (累计逾期发生额), Overdue Balance (逾期余额), Bill Medium (票据介质), and Disclosure Date (披露日期). This collection aims to provide valuable data resources for bill market research.
Time Coverage
2020.01-2021.11
Field Description
Enterprise Bill Acceptance Information Summary of Shanghai Commercial Paper Exchange
Finance Company Bill Acceptance Information Summary of Shanghai Commercial Paper Exchange
Sample Data
Enterprise Bill Acceptance Information Summary
Finance Company Bill Acceptance Information Summary
Related Literature
- Tang Yingwei, 2018: "Functional Evolution of the Bill Market and Financing Mode Selection for SMEs under Credit System Transformation," Journal of Financial Research No.5.
Data Update Frequency
Annual Update