国家外汇局北京市分局：绿色外债为企业带来额度提升和流程优化便利

Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange in Beijing announced the implementation of a pilot program for green foreign debt, aimed at facilitating cross-border financing for eligible green or low-carbon transition projects [1][2]. Group 1: Pilot Program Details - The pilot program, initiated on December 2, 2025, includes increased cross-border financing limits for green foreign debt and allows banks to directly handle the registration of green foreign debt [1]. - Eligible projects for green foreign debt must meet criteria outlined in the "Green Low-Carbon Transition Industry Guidance Catalog" and the "Green Finance Support Project Catalog (2025 Edition)" [1]. Group 2: Benefits for Enterprises - The program provides significant benefits, including a reduction in the risk conversion factor for green foreign debt from 1 to 0.5, effectively halving the foreign debt quota usage [2]. - For example, borrowing 10 million RMB in medium to long-term foreign debt would require 10 million RMB in quota for non-green debt, while only 5 million RMB for green debt, allowing enterprises to access more foreign debt [2]. - The process for enterprises has been streamlined, enabling them to complete foreign debt signing, registration, withdrawal, and fund usage in a "one-stop" manner at banks [2].