Legal analysis: you can borrow from each other, and the lending behavior is legal. The Supreme People's Court held a press conference to issue the Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases. The judicial interpretation stipulates that private lending contracts signed between enterprises due to production and operation needs should be recognized as valid.

Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases.

Article 1 The term "private lending" as mentioned in these Provisions refers to the financing behavior among natural persons, legal persons and other organizations and among them.

Article 10 Except for the loan contract between natural persons, the people's court shall support the parties who claim that the private loan contract shall take effect upon the establishment of the contract, unless otherwise agreed by the parties or otherwise provided by laws and administrative regulations.

Article 11 The people's court shall support the non-governmental loan contracts concluded between legal persons and other organizations and between them for the needs of production and operation, except in the circumstances stipulated in Article 52 of the Contract Law and Article 14 of these Provisions, if the parties claim that the non-governmental loan contracts are valid.