证监会宣布优化合格境外投资者制度，欢迎国际长期资本投资中国

Core Viewpoint - The speech by the Vice Chairman of the China Securities Regulatory Commission (CSRC), Li Ming, at the 2025 International Financial Leaders Investment Summit emphasized China's commitment to deepening institutional openness in its capital markets and introduced a series of new measures aimed at enhancing cross-border investment and cooperation [1][2]. Group 1: Key Measures for Capital Market Openness - The first major initiative is to enhance the convenience of cross-border investment and financing. The CSRC has launched an optimization plan for the Qualified Foreign Institutional Investor (QFII) system, focusing on improving access management, investment efficiency, and support services for foreign investors [3]. - The second initiative involves deepening practical cooperation between the mainland and Hong Kong capital markets, including improving the efficiency of overseas listing filings and expanding the scope of stocks eligible for the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs [4]. - The CSRC is also supporting Hong Kong in launching government bond futures to enrich offshore RMB risk management tools, aiming to strengthen Hong Kong's position as an international financial center [5]. Group 2: Strengthening Regulatory Capacity and Risk Prevention - Alongside promoting openness, the CSRC will enhance regulatory capacity and risk prevention, emphasizing a balanced approach to development and security. This includes strengthening cross-border regulatory cooperation with the Hong Kong Securities and Futures Commission [6]. - The CSRC aims to establish a regulatory mechanism that includes information sharing, policy consultation, and coordinated response to risks, ensuring effective monitoring of capital flows to prevent cross-border risk transmission [6]. Group 3: Achievements and Future Outlook - During the 14th Five-Year Plan period, significant achievements in capital market openness were noted, including the complete removal of foreign ownership limits for securities, fund, and futures institutions, attracting more foreign financial institutions to operate in China [7]. - The optimization of the overseas listing regulatory framework has facilitated 269 companies to successfully list abroad in the past five years, with foreign investors currently holding A-shares valued at 3.4 trillion yuan [7]. - Looking ahead, Li Ming proposed three cooperation initiatives for international financial institutions: becoming "discoverers of investment value," "contributors to reform and development," and "maintainers of market stability," encouraging international institutions to engage in the Chinese market [8].