Legal analysis: In the foreign exchange management of capital account, we have adjusted the policies of settlement of domestic foreign exchange loans and return of domestic and foreign loan funds that have long troubled domestic institutions, standardized and improved the management of overseas direct investment and overseas lending, aiming at promoting trade and investment facilitation, supporting the real economy and foreign trade exports, and preventing cross-border capital flow risks.

Legal basis: Regulations on the Administration of Cross-border Guaranteed Foreign Exchange.

Article 2 The term "cross-border guarantee" as mentioned in these Provisions refers to the legally binding guarantee made by the guarantor to the creditor, which promises to perform relevant payment obligations in accordance with the guarantee contract, and may lead to international payment transactions such as cross-border receipt and payment of funds or cross-border transfer of ownership of assets.

Article 3 According to the registered place of the parties to the guarantee, cross-border guarantee can be divided into internal guarantee and external loan, external guarantee and internal loan, and other forms of cross-border guarantee. Domestic insurance and foreign loans refer to cross-border guarantees in which the guarantor is registered in China and the debtor and creditor are registered abroad. Foreign guarantees and domestic loans refer to cross-border guarantees in which the guarantor is registered abroad and the debtor and creditor are registered in China. Other cross-border guarantee methods refer to other cross-border guarantee situations except the above-mentioned domestic insurance and foreign loans.