Mainland China and Taiwan, Cross-strait Agreement on Trade in Services
中国大陆、台湾海峡两岸服务贸易协议
July 16, 2013 | BY
CLP TempTaiwanese financial institutions may also invest in the mainland capital markets through the RQFII scheme.
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Signed: June 21 2013
Main contents: According to the Agreement, Taiwanese investors are allowed to set up fully-licensed securities companies in Shanghai, Fujian and Shenzhen with an equity shareholding up to 51%. Taiwanese financial institutions may also invest in the mainland capital markets through the RQFII scheme. Taiwanese investors may also set up rural banks, joint market survey ventures and engage in trademark agency services.
Mainland commercial banks may, when handling wealth management business, invest in Taiwanese financial products such as listed shares, securities trust funds, government bonds and corporate bonds.