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ACCRUED EXPENSES AND OTHER LIABILITIES
12 Months Ended
Dec. 31, 2024
ACCRUED EXPENSES AND OTHER LIABILITIES  
ACCRUED EXPENSES AND OTHER LIABILITIES

17.ACCRUED EXPENSES AND OTHER LIABILITIES

The components of accrued expenses and other liabilities are as follows:

As at December 31, 

2023

2024

2024

    

RMB

    

RMB

    

US$

Accrued expenses*

 

387,040

 

547,626

75,024

Salaries and welfare payable

 

98,599

 

83,003

11,371

Business and other taxes payable

 

15,619

 

32,708

4,481

Contract liabilities

 

59,408

 

46,151

6,323

Other payables

 

171,127

 

136,706

18,729

 

731,793

 

846,194

115,928

*

As of December 31, 2023 and 2024, accrued expenses mainly consisted of payables for property, plant and equipment, accrued interest expense for bank and other borrowings and other accrued expenses. The addition in 2024 was mainly due to the increase in payables for hospital construction and related plants.