提升科创类企业跨境融资便利 激活创新动能

Group 1 - The core viewpoint of the news is the release of a notification by the State Administration of Foreign Exchange to deepen the reform of cross-border investment and financing foreign exchange management, which includes measures to facilitate cross-border financing for high-tech and innovative enterprises [1][2] - The notification raises the cross-border financing facilitation limit for high-tech, "specialized and innovative," and technology-based small and medium-sized enterprises to the equivalent of 10 million USD, and for selected qualified enterprises under the "innovation points system" to 20 million USD [1] - These measures aim to provide easier access to low-cost foreign funds for high-growth, high-risk enterprises, supporting their technology research and development, product innovation, and business expansion [1][2] Group 2 - The measures are expected to address the financing difficulties faced by technology innovation enterprises, activating innovation momentum and allowing them to better utilize different economic policies to reduce financing costs and exchange rate risks [2] - The linkage between cross-border financing and technology innovation enterprises is anticipated to provide more funding support for high-tech companies and encourage increased R&D investment, enhancing technology conversion efficiency [2] - The notification reflects the government's emphasis on supporting private and technology innovation enterprises, fostering a favorable business environment, and attracting more domestic and foreign investors to the technology innovation sector [2]