(1) The share of accounts payable to total liability for Chinese firms (excluding the financial industry) reached 20 % in 2012 from 15 % in 2006. In contrast, the share of bank loans to total liability has declined from 27 % in 2006 to 17 % in 2012. The share of accounts receivable to total liability remain quite stable from 2006 to 2012.
(2) The data source comes from the Taiwan Economic Journal.