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China to deepen financial opening-up, strengthen financial services for real economy
The market access threshold of foreign-invested financial institutions such as banks and insurance companies will be refined, and rules concerning cross-border transactions between parent and subsidiary firms of financial institutions will be improved.
Global institutions bet on China's capital market amid wider opening-up
Global companies are eying opportunities in China's fast-growing and dynamic capital market as China steps up capital market reforms and opening-up, reported Securities Daily on Monday.
Foreign insurers continue to benefit from China's financial opening-up
Foreign-funded insurers continued to benefit from China's financial opening-up, with their premium income in 2020 exceeding 352.44 billion yuan (about 54.58 billion U.S. dollars), up 12.43 percent year on year, 6.8 percentage points higher than that of their Chinese counterparts, reported Shanghai Securities News on Wednesday.
China's financial opening-up to bring more business opportunities for foreign institutions
As China's financial sector accelerates the opening-up, international investors and market participants will expand the Chinese market in a more proactive way, presenting foreign institutions with more business opportunities.
China's Chongqing to see further financial opening-up
China will support the southwest Chongqing Municipality in playing a bigger role in the country's financial opening-up, according to Shanghai Securities News.
S.China's Guangxi carries out tangible measures to speed up cons. of financial opening-up gateway to ASEAN
South China's Guangxi Zhuang Autonomous Region has recently launched 30 tangible measures to promote construction of Guangxi as the financial opening-up gateway to the Association of Southeast Asian Nations (ASEAN), reported Shanghai Securities News.
Economic Watch: China lifts investment quota limit for QFII, RQFII amid financial opening-up
China's forex regulator Tuesday announced it would abolish the investment quota restrictions for Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII) to boost financial reforms and opening-up.
Economic Watch: China mulls further opening up financial markets
China plans to unveil a slew of new measures to further open up its financial markets in order to improve the sector's management and competitiveness, according to the country's top banking and insurance regulator.
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