The upper limit of enterprise foreign exchange capital account (see Note 1) shall be set according to the capital contribution of foreign investors approved by Ministry of Commerce.

企业外汇资本金账户最高限额(见注释1)应按照商务机关核定的外国投资者的外汇出资额确定。

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Article 4. An applicant applying for a foreign exchange mortgage loan must be a corporation with a Business Licence issued by the Shanghai Municipal Administration for Industry and Commerce.

第四条申请抵押外汇贷款的抵押人必须是持有本市工商行政管理机关颁发的营业执照的企业法人。

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Spokespeople for China's Ministry of Commerce and State Administration of Foreign Exchange didn't respond to requests for comment.

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