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OTHER RECEIVABLES
12 Months Ended
Dec. 31, 2019
Other Receivables  
OTHER RECEIVABLES

7.

OTHER RECEIVABLES

 

 

December 31,

 

 

 

2018

 

 

2019

 

 

2019

 

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

Withholding social insurance

 

 

6

 

 

 

6

 

 

 

1

 

Input value-added tax

 

 

 597

 

 

 

 

 

 

 

Staff advances

 

 

13

 

 

 

13

 

 

 

2

 

Deposit

 

 

20

 

 

 

20

 

 

 

3

 

 

 

 

636

 

 

 

39

 

 

 

6

 


For the financial assets included above, an impairment analysis is performed at each reporting date by considering the probability of default by applying a loss rate with reference to the historical loss record of the Group. The loss rate is adjusted to reflect the current conditions and forecasts of future economic conditions, as appropriate. For staff advances and deposits, management considers the probability of default to be minimal. The financial assets included in the above balances relate to receivables for which there was no recent history of default or expectation of future losses and no impairment was provided for the years ended December 31, 2018 and 2019.