China lifts investment quota limit for QFII, RQFII amid financial opening-up

China Central Television | Sep 11, 2019 at 9:24 AM
  • 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.
  • Since the implementation of QFII system in 2002 and RQFII system in 2011, more than 400 institutional investors from 31 countries and regions have invested in China’s financial market in this way.
  • Foreign investors will find it more convenient to participate in the domestic financial market, and China’s bond market and stock market will be better accepted by the global market.