China may soon enforce the revised rules for qualified institutional investor programs and allow foreign access to almost all major financial assets, leveling the playing field for domestic and foreign institutional investors, officials and experts said.
China's Foreign Investment Law and its supplementary regulation took effect on Jan 1, marking an official shift in the country's supervision of foreign investment from the old model of case-by-case approval to negative list management.
China's banking regulator unveiled revised management regulations for foreign banks to advance opening-up of the banking sector to a higher level and promote its high-quality development.
The foreign investment law took effect in China starting Jan 1, 2020 to better protect the interests of foreign investors in the country.
The State Council issued the Regulation on Implementing the Foreign Investment Law of the People's Republic of China on Dec 31, in an effort to further improve business environment and promote higher level opening-up.
China has revised the measures to implement regulations on the administration of foreign banks, in an effort to further accelerate the opening up of the country's financial sector to foreign investors.
China unveiled a guideline Thursday to further guide banking and insurance institutions in utilizing financial services to stabilize foreign trade.
China rolled out a guideline for foreign investment that focuses on safeguarding national treatment of foreign-funded enterprises, and addresses specific issues of concern.