Ⅵ.More Financial Support for Foreign-funded Enterprise

43.The funds needed for construction engineering, production or managements of the foreign-funded enterprises may be loaned from the local opening bank.

44.Chinese-funded commercial banks in China is permitted to grant a loan valued no more than 50% of the capital stock to the Chinese shareholder provided that the foreign shareholder has paid its own share of capital addition in the Sino-foreign joint venture or the cooperation enterprise. The loan duration is no longer than 10 years.

45.The China is permitted to use the overseas assets of its foreign partner as pledge to apply for loans from the overseas branch or domestic branch of the Chinese-funded commercial bank. 46.The foreign-funded enterprise, which meets certain requirements, is permitted to apply to issue A shares or B shares. (Items 43-46 are based on Suggestions on Further Encouragement of Foreign Investment to Foreign Trade and Economy Department and Other Departments by the Office of the State Council)