Author(s): Lan Xinzhen
Pages: 32-33
Year: 2013 Issue:  11
Journal: Beijing Review
Abstract: <正>China is to expand the RQFII scheme to ensure a greater and freer flow of renminbi At the end of 2012,the China Securities Regulatory Commission(CSRC) called in 20 fund management companies to discuss a revision of the pilot measures for renminbi qualified foreign institutional investors (RQFIIs).Currently the revised measures are subject to approval by the related ministries and commissions and will soon be issued for implementation. The revision focuses on two aspects.First, to enlarge the scope of institutions qualified for RQFIIs instead of only securities and fund