According to the provisions of my country's foreign exchange management regulations, foreign-funded enterprises' borrowing of foreign loans belongs to capital projects and should comply with the legal provisions of capital project foreign exchange. Foreign-invested enterprises borrowing foreign loans must report to the Administration of Foreign Exchange for record, and the state implements a registration system for foreign debts. According to relevant regulations, when a foreign-funded enterprise borrows foreign debt with a term of more than one year (excluding one year), the maximum amount of the loan is the difference between the total investment of the borrowing enterprise and its registered capital; if the borrower's registered capital is equal to the total investment, it can only borrow one Small, short-term loans within a year.

When a foreign-invested enterprise borrows from its overseas parent company, it should bring the following materials to the local foreign exchange bureau for foreign debt registration within 15 days after formally signing the loan contract: "Foreign Debt Signing Status of Overseas Institutions" stamped with the official seal of the borrowing enterprise Form (draft form)"; a copy of the borrowing enterprise's business license; a copy of the borrowing enterprise's approval certificate; a copy of the borrowing enterprise's latest capital verification report; the original of the loan contract: the original of the foreign debt contract and a copy. If the contract is in a foreign language, it should be attached separately. Chinese translation of the main terms of the contract and stamped with the seal of the debtor.

According to Article 25 of the "Regulations of the People's Republic of China and Foreign Exchange Administration" revised on January 14, 1997, the debtor should go to the foreign exchange management department to handle the foreign debt registration procedures after the debt contract is signed. ; The registration document issued by the foreign exchange management department is one of the necessary legal documents for the debt contract to take effect. The debtor should handle the principal and interest repayment procedures for foreign debts in accordance with the "Regulations on the Settlement, Sales and Payment of Foreign Exchange" promulgated in 1996.