BEIJING -- Financial openness has reached a new stage in 2018. Since April this year, China's financial regulator have put a string of measures such as relaxing market access and expanding the business scope for foreign-funded banks and institutions engaged in insurance, security, fund and futures into implementation. Supported by policies favor, a host of financial institutions have increased their investment in China, and some of them received the approval for their applications of new institution establishment and holding increase.
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