China issues Administrative Measures for Overseas Lending by Domestic Enterprises

28 April 2026

On 20 March 2026, the People’s Bank of China and the State Administration of Foreign Exchange jointly issued the Notice on Issuing the Administrative Measures for Overseas Lending by Domestic Enterprises (“Notice”) to further support and regulate domestic enterprises in carrying out overseas lending business.

The Notice:

• incorporates the overseas lending business of domestic enterprises in renminbi (“RMB”) and foreign currencies into unified management, facilitating enterprises to efficiently conduct RMB and foreign currency lending business in accordance with the same business rules.
• brings overseas lending by domestic enterprises into macro-prudential management, clarifying that the upper limit of the outstanding balance of overseas lending is linked to its owner’s equity, supporting enterprises to conduct business within the upper limit.
• raises the macro-prudential adjustment coefficient for overseas lending by domestic enterprises from 0.5 to 0.6, increasing the overall upper limit of the outstanding balance of overseas lending and better meeting the funding needs of enterprises’ cross-border operations.
• clarifies the management requirements and fund usage requirements for domestic banks and domestic enterprises handling overseas lending business.

Reference materials

The press release and the Notice are available on the SAFE website www.safe.gov.cn.