Can a limited liability company raise funds?

Legal analysis: At present, there are two types of companies in China: limited liability companies and joint-stock companies, both of which can obtain short-term funds through financing.

Legal basis: China People's Bank Law of the People's Republic of China.

Article 24 The People's Bank of China may issue and pay treasury bonds and other government bonds to financial institutions on behalf of the financial department of the State Council.

Article 29 The People's Bank of China shall not provide loans to local governments and government departments at all levels, and shall not provide loans to non-bank financial institutions and other units and individuals, unless the State Council decides that the People's Bank of China may provide loans to specific non-bank financial institutions. The People's Bank of China shall not provide guarantee to any unit or individual.