Issued: November 6 2002Effective: December 1 2002Main contents: The Announcement allows foreign-invested financial institutions established in Guangzhou,…
Promulgated: November 8 2002Effective: January 1 2003Interpreting authority: State Economic and Trade Commission, the Ministry of Finance, the State Administration…
Issued: December 1 2002Effective: as of date of issueInterpreting authority: Shenzhen Stock ExchangeMain contents: Qualified foreign institutional investors…
Issued: September 10 2002Main contents: The Circular states that projects in which the foreign investor is guaranteed fixed returns are not in compliance…
Promulgated: November 28 2002Effective: December 1 2002Interpreting authority: State Administration of Foreign ExchangeMain contents: Part Two of the Provisions…
Zhonglun Law FirmIn July, the People's Bank of China (PBOC) allowed four of China's commercial banks (the Bank of Communications, China Merchants Bank,…
The new QFII regulations mark another step in opening the securities markets further to foreign participation. Many new laws have made it apparent that the CSRC is committed to the path of financial reform and development.
This piece of legislation marks a significant development of China's securities markets as it opens up the A share and domestic bond markets to foreign investment for the first time. It lays down the application and qualification standards of QFII.