According to this.
Payee Name
Collection days
Legal basis: Article 667 of the Civil Law of People's Republic of China (PRC): A loan contract is a contract in which the borrower borrows money from the lender, repays the loan at maturity and pays interest.
Article 668 of the Civil Code of People's Republic of China (PRC): A loan contract shall be in written form, unless otherwise agreed between natural persons.