The State Administration of Foreign Exchange Qingdao Branch is approved for cross -border financing facilitation pilot

Wind Financial Reporter Wang Hao

Recently, the Qingdao Branch of the State Administration of Foreign Exchange was approved to conduct a pilot of cross -border financing facilitation in the city.According to the pilot policies, eligible high -tech and "specialized new" enterprises can borrow foreign debt independently within the amount of no more than 5 million US dollars, and are not limited by small net assets.

This pilot policy is that the State Administration of Foreign Exchange is in order to thoroughly implement the decision -making and deployment of the Party Central Committee and the State Council, implement a package of policies and measures to stabilize the economy, better serve the real economy, continuously expand corporate cross -border financing channels, support high -tech and "specialized specialty new"Enterprises can better use the powerful measures of two domestic and international markets and two resources.

Under the guidance of the General Administration, the Qingdao Branch will actively promote the implementation of the policy, support two types of enterprises to reduce financing costs, increase research and development investment, promote technological progress, and help enterprises to accelerate innovation and development.

- END -