Core Viewpoint - The People's Bank of China and several government agencies have jointly issued an opinion to enhance financial support for the construction of the Western Land-Sea New Corridor, focusing on facilitating cross-border investment and financing [1][2]. Group 1: Cross-Border Investment Facilitation - The opinion emphasizes promoting the convenience of cross-border investment and financing [1][2]. - Pilot programs for integrated currency pools for multinational companies will be launched in designated areas [1][2]. - Simplification of foreign exchange registration procedures for capital projects is proposed, allowing eligible non-financial enterprises to handle foreign debt registration directly at banks in certain regions [1][2]. Group 2: Support for Foreign Investment - The opinion supports foreign-invested enterprises in reinvesting domestically without the need for registration [1][2]. - It encourages the utilization of relaxed policies regarding the scale limits on preliminary expenses for outbound direct investment (ODI) [1][2]. - The opinion facilitates the use of funds from equity transfers and capital raised from overseas listings for foreign-invested enterprises' domestic reinvestment [1][2]. Group 3: Support for High-Tech and SMEs - The document supports cross-border financing for eligible high-tech, "specialized and innovative," and technology-oriented small and medium-sized enterprises [1][2]. - Banks are encouraged to process capital project business through online verification of electronic documents [1][2].
央行等八部门:在有条件地区开展高低版本的跨国公司本外币一体化资金池业务试点
Xin Lang Cai Jing·2025-12-24 07:45