[The State Administration of Foreign Exchange seeks opinions: It plans to improve the level of direct investment facilitation and expand high-level opening up of cross-border financing] On October 23, the State Administration of Foreign Exchange publicly solicited opinions on the "Notice of the State Administration of Foreign Exchange on Matters Related to Further Optimizing the Facilitation Policies for Cross-border Investment and Financing (Draft for Comment)". The "Notice" includes a total of 11 policies, including 4 direct investment measures, 4 cross-border financing measures, and 3 optimization of foreign exchange registration. Items mainly include: (1) In terms of improving the level of direct investment facilitation, firstly, facilitating the direct settlement and payment of foreign exchange income from capital projects to further improve the efficiency of foreign investment. The second is to facilitate the remittance of reserve funds for overseas direct investment and simplify the remittance procedures for daily small operating expenses of overseas enterprises. The third is to simplify the review materials for remittance of overseas direct investment funds to avoid enterprises from repeatedly providing documents. The fourth is to optimize the review of remittances of overseas direct investment funds to ensure the efficient and convenient use of funds for normal business operations. (2) In terms of expanding high-level opening up of cross-border financing, the first is to expand the scope of cross-border financing facilitation entities and empower the development of scientific and technological innovation. The second is to lower the risk conversion factor coefficient of the loan category of affiliated enterprises to facilitate enterprises to allocate funds more flexibly. The third is to promote green foreign debt policies across the country and support green and low-carbon development. Fourth, the sharing of foreign debt quotas between parent and subsidiary companies in financial leasing is promoted nationwide. (3) In terms of optimizing capital project business registration management, first, allow overseas direct investment registration to be handled in other places. The second is to allow the registration of part of the offshore sector loans of domestic banks to be handled directly by the banks. The third is to expand the business scope of “online handling” of capital projects.