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TRADE PAYABLES
12 Months Ended
Dec. 31, 2020
TRADE PAYABLES  
TRADE PAYABLES

18.        TRADE PAYABLES

 

 

 

 

 

 

 

 

As of December 31, 

 

    

2020

    

2019

 

 

RMB’000

 

RMB’000

Trade payables

 

6,750

 

22,577

 

Trade payables are denominated in Renminbi, non-interest bearing and generally settled within 120‑day terms. All of the trade payables are expected to be settled within one year. The carrying value of trade payables is considered to be a reasonable approximation of fair value.