The law is objective:

Lending funds from state-owned enterprises to private enterprises: When state-owned enterprises lend funds to private enterprises, the regulations on private lending shall apply. As long as there are corresponding procedures, it is normal inter-enterprise fund lending. According to Article 11 of the "Supreme People's Court's Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases", private lending contracts concluded between legal persons, other organizations, and between them for production and business needs, unless there are provisions in Article 1 of the Contract Law Article 52: Except for the circumstances specified in Article 14 of these Provisions, if the parties claim that the private loan contract is valid, the people's court shall support it. 1. Under what circumstances is it illegal for state-owned enterprises to borrow funds externally: 1. To obtain credit funds from financial institutions and then lend them to borrowers at high interest rates, and the borrower knows or should know in advance; 2. To borrow funds from other enterprises or from employees of the unit The funds obtained by raising funds are then re-lent to the borrower for profit, and the borrower knows or should know in advance; 3. The lender knows in advance or should know that the borrower's loan is used for illegal and criminal activities but still provides the loan; 4. One party uses fraud, Entering into a contract by means of coercion, harming national interests; 5. Malicious collusion, harming the interests of the country, the collective or a third party; 6. Covering illegal purposes in legal forms; 7. Violating social order and good customs; 8. Other violations of the validity of laws and administrative regulations Sex is mandatory. 2. Procedures for enterprise borrowing funds: If an enterprise borrows funds through an intermediary agency, it must go through the following procedures: 1. Deposit the lending fund. To participate in organized corporate fund lending activities, you generally need to first go to the "Service Center." Transfer Center. Or a "finance company" deposits a certain amount of "reserves" as a mutual aid fund for enterprises. 2. Apply for loan. When an enterprise encounters a shortage of funds and prepares to borrow funds, it must first apply to the relevant departments, fill in an application form for borrowing funds, and indicate the required amount, purpose, time, etc. 3. Approval from competent authorities. The application must be reviewed by the competent authority and only if it is deemed to comply with relevant regulations can the loan be approved. 4. Transfer funds. Once the application is approved, the "scheduling center" and others can provide the borrowing money to the borrowing enterprise according to the time required.