8 major opening-up measures recently launched by China
chinadaily.com.cn |
Updated: 2018-05-04 06:55
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China expands quotas for outbound investment programs
China will increase quotas for two pilot programs that allow domestic investors to access foreign assets, as part of its broader efforts to open up the financial market, the State Administration of Foreign Exchange said on April 24 in an online statement.
The quota for the Qualified Domestic Limited Partnership program in Shanghai and the quota for the Qualified Domestic Investment Enterprise program in Shenzhen will be expanded to $5 billion each, according to the statement.
