The two departments have issued the "Management Measures for Loans from Domestic Enterprises to Overseas, which prohibits the use of personal funds or utilizing their own debt financing as a source of funding for overseas loans.

To regulate the overseas lending business of domestic enterprises, the People's Bank of China and the State Administration of Foreign Exchange issued the "Administrative Measures for Domestic Enterprises' Overseas Lending". After the lender and borrower sign an agreement for overseas lending, the lender must apply for registration at the local sub-bureau of the State Administration of Foreign Exchange in the country where it is registered before lending to the borrower. The amount of overseas lending that has been registered must be used within 2 years. Any portion that has not been sent out after 2 years will automatically expire. The balance of overseas lending by the lender must not exceed the limit of its overseas lending balance. Personal funds or self-debt financing must not be used as a source of funds for overseas lending.