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China Expands Cross-Border Financing for High-Tech and Innovative Enterprises

17 June 2022

Business Advisory Section, HKTDC Research



The State Administration of Foreign Exchange recently announced the launch of a pilot scheme for the cross-border financing of high-tech companies and those falling under the country’s push for so-called “specialised, sophisticated and new” small and medium-sized enterprises. The allowable financing amount has been increased to US$10 million for eligible businesses from the nine provinces and municipalities covered by the pilot scheme. Companies in eight of the qualifying provinces and municipalities can borrow up to a total of US$5 million from overseas.

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    Topics:
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  • Mainland China,
  • cross-border financing,
  • high-tech enterprises
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Article Topics

ARTICLE TOPICS

FINANCE & INVESTMENT24664
TECHNOLOGY24757
MAINLAND CHINA35607
CROSS-BORDER FINANCING120512
HIGH-TECH ENTERPRISES123425

ARTICLE TOPICS

FINANCE & INVESTMENT24664
TECHNOLOGY24757
MAINLAND CHINA35607
CROSS-BORDER FINANCING120512
HIGH-TECH ENTERPRISES123425

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