国家外汇局:扩大科创类企业跨境融资便利

Core Points - The State Administration of Foreign Exchange (SAFE) has issued a notice to deepen the reform of cross-border investment and financing foreign exchange management, aiming to facilitate cross-border financing for high-tech and specialized small and medium-sized enterprises [1] - The financing convenience limit for high-tech, "specialized and innovative" enterprises, and technology-based SMEs has been uniformly increased to the equivalent of 10 million USD nationwide [1] - For certain eligible enterprises selected through the "innovation point system," the cross-border financing convenience limit has been raised to the equivalent of 20 million USD [1] Related Developments - SAFE plans to expand the pilot scope for high-level openness in cross-border trade [2] - The central bank and SAFE are working on constructing a comprehensive market regulation system [2] - SAFE is advancing the reform of cross-border investment and financing foreign exchange management [2]