Core Viewpoint - The Shenzhen green foreign debt pilot program has officially launched, allowing domestic enterprises to utilize cross-border financing to support green industry development, with a total signed amount exceeding 170 million RMB [1] Group 1: Green Foreign Debt Overview - "Green foreign debt" refers to funds borrowed by domestic enterprises from non-residents, specifically for projects that meet the criteria set by the People's Bank of China and other relevant departments for green or low-carbon transformation projects [1] - The Shenzhen Foreign Exchange Management Bureau is one of the first pilot units for green foreign debt business in China [1] Group 2: Regulatory Framework and Benefits - The guidelines for the Shenzhen green foreign debt pilot program were issued in November 2025 and implemented on December 6, 2025 [1] - Under the macro-prudential management framework for all-inclusive cross-border financing, the risk conversion factor for foreign debt funds used by non-financial enterprises for green or low-carbon transformation projects has been reduced from 1 to 0.5, significantly lowering the risk-weighted balance for cross-border financing [1] - This reduction allows for an increase in the upper limit of cross-border financing scale for enterprises investing in green development or low-carbon transformation projects [1]
深圳首批绿色外债试点业务落地 引导外资投向绿色产业
Xin Hua Cai Jing·2025-12-10 09:59