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The “Notice of the State Administration of Foreign Exchange on Matters Related to Further Optimizing Cross-border Investment and Financing Facilitation Policies” was publicly solicited for comments. Among them, it is proposed that in terms of expanding the high-level openness of cross-border financing, the first is to expand the scope of cross-border financing facilities to enable the development of scientific and technological innovation. The second is to lower the risk conversion factor coefficient for loan categories of related enterprises to facilitate enterprises to allocate capital more flexibly. The third is to promote a green foreign debt policy throughout the country to support green and low-carbon development. Fourth, the country promotes financial leasing parent and subsidiary companies to share foreign debt lines.
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The “Notice of the State Administration of Foreign Exchange on Matters Related to Further Optimizing Cross-border Investment and Financing Facilitation Policies” was publicly solicited for comments. Among them, it is proposed that in terms of expanding the high-level openness of cross-border financing, the first is to expand the scope of cross-border financing facilities to enable the development of scientific and technological innovation. The second is to lower the risk conversion factor coefficient for loan categories of related enterprises to facilitate enterprises to allocate capital more flexibly. The third is to promote a green foreign debt policy throughout the country to support green and low-carbon development. Fourth, the country promotes financial leasing parent and subsidiary companies to share foreign debt lines.
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