Mainland stock market absorbed 200 bln yuan of overseas capital

时间:2007-12-11 07:57:52

(单词翻译:单击)

Chinanews, Beijing, December 11 – According to the State Administration of Foreign Exchange (SAFE), the scale of QFII has been developing very fast in China. So far the 49 QFIIs hold 200-billion-yuan worth of securities in China, based on the market value of such securities. QFII has played a very important role in China’s capital market.

 

A QFII is allowed to invest $30 billion at the most by now, which is expected to enhance the openness of China’s capital market. Reliable sources reveal that the SAFE and other related government departments will encourage QFII to make long-term investment in China, and the approval procedure of new QFII will be simplified.

 

QDII will also be encouraged. At present, qualified1 commercial banks, insurance agencies, fund agents and securities agents are all allowed to make QDII.

 


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1 qualified DCPyj     
adj.合格的,有资格的,胜任的,有限制的
参考例句:
  • He is qualified as a complete man of letters.他有资格当真正的文学家。
  • We must note that we still lack qualified specialists.我们必须看到我们还缺乏有资质的专家。

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