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证监会,最新发布!优化合格境外投资者制度
Zheng Quan Shi Bao·2025-10-27 14:53

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has released a comprehensive plan to optimize the Qualified Foreign Institutional Investor (QFII) system, aiming to enhance its adaptability and attractiveness for foreign investors, thereby creating a more transparent, convenient, and efficient investment environment [1][2]. Group 1: Key Measures - The plan includes measures to streamline the approval and account opening process for QFIIs, establishing a "one-stop" service to reduce application time and operational costs for foreign investors [2]. - It allows QFIIs to invest in more financial instruments, including ETF options and various commodity futures and options, to meet the hedging needs of foreign investors [2]. - The CSRC aims to implement these reforms within approximately two years, promoting a balanced development of onshore and offshore channels and enhancing the interaction between domestic and foreign financial institutions [2][3]. Group 2: Historical Context and Current Status - The QFII system has been operational since 2002, playing a significant role in attracting long-term foreign capital, optimizing the investor structure, and supporting the internationalization of the Renminbi [3]. - As of now, there are 913 QFIIs in China, including various types of investors such as fund management companies, banks, insurance firms, and sovereign wealth funds, with total onshore assets exceeding 1 trillion RMB [3].