China's State Administration of Foreign Exchange (SAFE) published a draft notice
seeking public comment on measures to optimize cross-border investment and
financing facilitation. Key proposals: expand the pool of entities eligible for
cross-border financing to support technology innovation; lower the
risk-conversion factor for related‑party borrowings to give firms greater
flexibility in fund allocation; roll out a national green foreign‑debt policy to
support green and low‑carbon development; and permit nationwide sharing of
foreign‑debt quotas between finance‑leasing parent and subsidiary companies.
