随着中国境内企业“走出去”步伐不断加快,境内企业境外投资时的融资需求呈爆炸性增长。作为一种以项目自身产生的现金流为第一还款来源的融资方式,项目融资具有隔离风险、合理避税等诸多优势,被境内企业在境外新建项目、收购或重组已有项目时广泛采用。然而,国际项 With the continuous acceleration of the “going global” business in China, the financing needs of domestic enterprises in overseas investment have exploded. As a financing method that uses the cash flow generated by the project as the source of the first repayment, the project financing has many advantages such as risk isolation and reasonable tax avoidance. It is widely adopted by domestic enterprises when they build new projects overseas or acquire or reorganize existing projects. However, international items