证监会发布！合格境外投资者新政落地

Core Points - The China Securities Regulatory Commission (CSRC) has issued a plan to optimize the Qualified Foreign Institutional Investor (QFII) system, aiming to enhance its adaptability and attractiveness for foreign investors [1][2] - The QFII system has been operational since 2002, contributing positively to attracting long-term foreign capital, optimizing investor structure, and promoting the internationalization of the Renminbi [1] - As of now, there are 913 QFIIs in China, with a total asset scale exceeding 1 trillion RMB [1] Group 1 - The new plan includes measures to optimize access management, facilitate investment operations, expand investment scope, clarify policy expectations, and strengthen service support [1][2] - Specific measures include integrating the qualification approval and account opening processes for QFIIs, which will shorten application processing times and reduce operational costs for foreign investors [2] - The introduction of short-term trading rules aims to provide national treatment for trading regulations, encouraging global asset management firms to increase their investment in domestic stocks [2] Group 2 - The CSRC plans to accelerate the implementation of additional measures from the optimization plan to enhance the attractiveness of the QFII system for long-term foreign capital [3] - The goal is to create a new open structure that balances onshore and offshore channels, as well as the development of allocation-type and trading-type funds [3] - The plan also aims to foster positive interactions between domestic and foreign securities, funds, and futures institutions [3]