Core Viewpoint - The State Administration of Foreign Exchange of China has announced a pilot program for green foreign debt in 16 provinces and cities to support green finance development, encouraging non-financial enterprises to use cross-border financing for green or low-carbon transformation projects [1] Group 1: Pilot Program Details - The pilot program 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 less 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] Group 2: Implementation and Future Plans - The registration of related foreign debts will be handled directly by banks, enhancing the convenience of green foreign debt operations and attracting global financial resources to China's green and low-carbon development sectors [1] - The administration plans to better coordinate openness and security, continuously improve the convenience of cross-border financing, and support the high-quality development of the real economy [1]
中国将在北京等16省市开展绿色外债业务试点
Zhong Guo Xin Wen Wang·2025-08-22 00:33