Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road
Policy

China further eases foreign access to domestic capital market

September 27, 2020


Abstract : China has further opened up its domestic capital market to foreign investors by introducing revised rules for the country's major inbound investment schemes.

BEIJING, Sept. 26 (Xinhua) -- China has further opened up its domestic capital market to foreign investors by introducing revised rules for the country's major inbound investment schemes.

Foreign investors will enjoy easier market access and broader investment scope when investing via the dollar-denominated Qualified Foreign Institutional Investors (QFII) and the yuan-denominated Renminbi Qualified Foreign Institutional Investors (RQFII) schemes, according to the China Securities Regulatory Commission (CSRC).

The new rules, published by the CSRC, together with the People's Bank of China and the State Administration of Foreign Exchange, have combined the previous two separate sets of regulation for the QFII and RQFII schemes into one, lowering entry requirements and simplifying procedures to facilitate foreign investment.

The new rules, set to become effective on Nov. 1, will allow foreign investment into more areas such as stocks listed on the National Equities Exchange and Quotations, financial futures and private investment funds, said the CSRC.

The rule revision would also enhance regulation including cross-market and cross-border regulation and strengthen punishment for irregularities, it said.

The QFII and RQFII programs, introduced in 2003 and 2011, respectively, allow overseas institutional investors to move money into China's capital account to encourage controlled flows.

In a bid to further open up the financial market, China scraped quota restrictions on the QFII and RQFII schemes earlier this year. Enditem

Scan the QR code and push it to your mobile phone

Keyword: investment QFII capital market

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial