Eliminating Investment Limit of Qualified Foreign Investors (QFII/RQFII)

On September 11, the State Administration of Foreign Exchange (SAFE) issued a letter canceling the investment quota restrictions for qualified foreign investors (QFII/RQFII), and abolishing the restrictions of pilot countries and regions for qualified foreign institutional investors (RQFII) of RMB to expand the opening of financial markets. The QFII system is one of the most important systems in the opening of China’s financial market. 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 through this channel. Next, the State AdministrationRead More →

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