Recently, the State Administration of foreign exchange issued the notice of the State Administration of foreign exchange on supporting high-tech and "specialized, special and new" enterprises to carry out cross-border financing facilitation pilot, clearly proposing to carry out cross-border financing facilitation pilot for high-tech and "specialized, special and new" enterprises in Guangdong Province. Relevant enterprises may apply to the local foreign exchange bureau for foreign debt signing registration with the application form, copy of business license and other materials, and then carry out cross-border financing business at the bank. The reporter learned that, compared with the previous pilot policy of foreign debt facilitation quota for mainland cities in Guangdong, Hong Kong, Macao and the Great Bay area, the pilot of cross-border financing facilitation for enterprises has achieved "two increases and one expansion". First, the pilot enterprises can not be restricted by the scale of net assets, and the amount of foreign debt they can independently borrow is increased from 5million US dollars to 10million US dollars, further facilitating the small, medium and micro high-tech enterprises to make full use of international capital; Second, on the basis of the original high-tech enterprises, the pilot objects have added "specialized and special new" enterprises; Third, the pilot area was expanded from mainland cities in the Great Bay area of Guangdong, Hong Kong and Macao to the whole province of Guangdong. Insiders said that the pilot policy has improved the flexibility and convenience of high-tech enterprises with small net assets and "specialized and special new" enterprises to borrow foreign debt at the initial stage of growth, which is conducive to enterprises to broaden financing channels, reduce financing costs, increase R & D investment, promote technological progress, and help Guangdong Province's high-quality economic development. (Xinhua News Agency)