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CSRC To Steadfastly Promote High-lv. Opening of Capital Mkt: Chair Wu Qing
Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), stated that the CSRC will steadfastly promote the high-level opening of capital markets, refine the framewor...
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CSRC To Steadfastly Promote High-lv. Opening of Capital Mkt: Chair Wu Qing
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Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), stated that the CSRC will steadfastly promote the high-level opening of capital markets, refine the framework for global integration, and steadily roll out practical measures for openness. These include:

1) Continuously expanding institutional access: Further optimizing services for Qualified Foreign Institutional Investors (QFIIs) and supporting eligible foreign institutions in applying for securities and fund investment consulting qualifications; and encouraging overseas investors to establish RMB-denominated funds in China in accordance with regulations.

Related NewsImports YoY for Apr in China is 0.8%, higher than the previous value of -4.3%. The forecast was -5.9%.
2) Further enriching product offerings: Advancing the opening of futures and options to QFIIs and supporting domestic and foreign futures exchanges in expanding cooperation on commodity futures settlement price authorization.

3) Constantly deepening market access: Streamlining and optimizing the overseas listing filing mechanism, processes, and requirements to enhance filing efficiency; and strongly supporting the development of Shanghai as an international financial center (IFC) and reinforcing Hong Kong’s status as an IFC.

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