Core Viewpoint - The State Administration of Foreign Exchange (SAFE) has launched a pilot program for green foreign debt in 16 provinces and cities to support green finance development and encourage non-financial enterprises to use cross-border financing for green or low-carbon transformation projects [1] Group 1: Pilot Program Details - The pilot policy targets domestic non-financial enterprises borrowing from non-residents in both domestic and foreign currencies, specifically for projects that meet the criteria set by the People's Bank of China and other relevant departments [1] - The program allows these projects to occupy a smaller portion of the enterprise's overall cross-border financing risk-weighted quota, thereby increasing the upper limit of cross-border financing for companies investing in green development or low-carbon transformation projects [1] - The registration of related foreign debts will be handled directly by banks, enhancing the convenience of processing green foreign debt business [1] Group 2: Future Plans - SAFE aims to better coordinate openness and security while continuously improving the convenience of cross-border financing [1] - The initiative is part of a broader effort to support the high-quality development of the real economy and contribute to the financial sector's role in promoting green and low-carbon development [1]
国家外汇管理局在16省市开展绿色外债业务试点
Zhong Guo Zheng Quan Bao·2025-08-21 20:11