综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

China lets foreign investors buy more

(Agencies)
Updated: 2007-12-11 15:17

China plans to triple the limit for purchases of local shares by foreign institutional investors, the government said Monday, just ahead of key trade talks with the United States.

The State Administration of Foreign Exchange said in a notice on its Web site that the quota for such share purchases by qualified foreign institutional investors (QFII) would rise to $30 billion from the current $10 billion.

It did not give an exact date for when the long-anticipated change would take effect.

Yuan-denominated shares are off-limits for most foreign investors. China originally limited QFII purchases to $4 billion when it launched the program in 2002.

China committed to raising the limit in earlier economic talks with the US, the Xinhua News Agency cited Shang Fulin, chairman of the China Securities Regulatory Commission, as saying.

"China has underscored its intention to open up the country's financial markets," Xinhua said in describing the decision to triple the quota for qualified foreign investors.

The State Administration of Foreign Exchange, which oversees foreign exchange policies and dealings, said it would also expand channels for Chinese to invest overseas.


(For more biz stories, please visit Industry Updates)



Related Stories  
大渡口区| 山东省| 泽库县| 青阳县| 兴国县| 兴安县| 巩留县| 阜新市| 云梦县| 威海市| 垦利县| 淮滨县| 枣强县| 林西县| 水城县| 汤原县| 安西县| 察隅县| 呼伦贝尔市| 开江县| 栾城县| 从江县| 闸北区| 乐安县| 东平县| 潮州市| 咸宁市| 永和县| 三台县| 长治市| 章丘市| 上饶县| 麻江县| 疏勒县| 台安县| 商都县| 武胜县| 安义县| 富蕴县| 金川县| 鄂伦春自治旗|