www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

   

Investor schemes play an important role

By Yi Xianrong (China Daily)
Updated: 2006-12-08 14:12

Monday marks the fifth anniversary of China's entry to the World Trade Organization (WTO), and the end of the five-year transition period.

Besides an economic boom, China has seen reform and development of its financial market, which is likely to decide the track of the economy in coming years and the degree of China's integration with the rest of the world.

The end of the transition period also means the country is entering the final phase of switching to a free-market economy and that the reform of the capital market may continue with greater force.

The capital market has been dramatically reshaped during the last decade. The B-share market was established, domestic enterprises were allowed to list overseas, foreign investors were permitted to merge with listed companies after they released untradable shares held by the State.

On top of that, the authorities established two schemes qualified foreign institutional investors (QFII) and qualified domestic institutional investors (QDII).

The two schemes are not part of China's commitment to the WTO, but they will probably become the most important tools for promoting the opening-up of the capital market before the country fully opens its capital account.

The QFII scheme formally came into effect on December 1, 2002 under approval from the China Securities Regulatory Commission (CSRC), the People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE). Fifty-one overseas institutions have already gained QFII qualification and 41 of them have been granted an investment quota of US$8.25 billion.

On April 13, 2006, the PBOC and the SAFE announced that Chinese qualified institutional investors including banks, fund management companies and insurance firms would be allowed to invest outside China, under given quotas, with the money pooled from their individual clients.

Over 10 financial bodies have been granted QDII status, including Citibank, the China Construction Bank, the Hong Kong and Shanghai Banking Corporation and Bank of China.

Banks holding the QDII licence were granted a total of US$11.1 billion in quotas for overseas investment by the end of September.

123  

(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: dy888午夜国产午夜精品 | 欧美视频www | 亚洲欧美日韩国产综合 | 嫩草影院在线观看网站成人 | 一级国产交换配乱淫 | 亚洲美女黄色片 | 亚洲高清在线观看看片 | 国产三级借妻 | 国产精品不卡在线 | 久久久黄色片 | 日本专区| 国产夫妇肉麻对白 | 深夜福利视频在线观看 | 日本一级毛片片在线播放 | aa级毛片 | 欧美亚洲一区二区三区四 | 日韩v在线 | 欧美成人亚洲国产精品 | 美女一级毛片 | 香蕉久 | 日本午夜人成免费视频 | 久久色视频在线观看 | 亚洲精品一区二区三区在 | 久久久久久久久一级毛片 | 在线看国产 | 亚洲理论视频 | 九九热视频精品在线观看 | 狠狠色丁香婷婷综合久久片 | 亚洲精品成人久久久影院 | 久久夜色精品国产亚洲 | 欧美黄www免费 | 国产精品久久久一区二区三区 | 国产a国产 | 2021国产精品系列一区二区 | 1级黄色毛片 | 亚洲国产网站 | 欧美精品毛片 | 日本免费一区尤物 | 国产日韩精品一区二区三区 | 亚洲一区二区欧美 | 国产成人久久综合热 |