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证监会,最新发布!优化合格境外投资者制度
证券时报·2025-10-27 14:47

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: Optimization Measures - The plan includes measures to streamline the approval and account opening process for QFIIs, establishing a "one-stop" service to reduce application processing times and operational costs for foreign investors [2]. - It introduces a "green channel" for foreign capital, encouraging long-term investments in Chinese assets by simplifying the entry process [2]. - The plan allows QFIIs to invest in ETF options and more commodity futures and options, addressing the hedging needs of foreign investors and supporting diversified asset allocation strategies [2]. Group 2: Future Developments - The CSRC will accelerate the implementation of additional measures outlined in the plan and continue to enhance the attractiveness of the QFII system for foreign long-term capital [3]. - The goal is to create a new open framework that balances onshore and offshore channels, as well as the development of both allocation and trading funds [3]. - Since its inception in 2002, the QFII system has successfully attracted foreign long-term capital, optimizing the investor structure and contributing to the internationalization of the RMB, with over 913 QFIIs currently managing more than 1 trillion RMB in domestic assets [3].