The expansion of mainland-based financial firms in Europe will speed up in the coming years as the government expands funding for the nation's companies' moves to invest and operate overseas.

Chinese companies' moves abroad are on an incredible rise. In the first nine months of 2014, outbound direct investment totaled $75 billion, up 22 percent, according to the Ministry of Commerce.

In this context, better financing can make more use of excess production capacity and promote cooperation with foreign companies, according to a statement following a State Council (cabinet) executive meeting presided over by Premier Li Keqiang on Dec 24.