国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China QFII quota at 111.38 bln USD

Source: Xinhua| 2019-09-02 13:08:23|Editor: Yamei
Video PlayerClose

BEIJING, Sept. 2 (Xinhua) -- A total of 292 overseas institutions have received quotas amounting to about 111.38 billion U.S. dollars under China's Qualified Foreign Institutional Investors (QFII) program to move money into the country's capital account, according to the State Administration of Foreign Exchange.

As of Aug. 30, the quota in the RMB Qualified Foreign Institutional Investors (RQFII) program came in at 693.3 billion yuan (about 97.8 billion U.S. dollars).

China's currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is largely run by the state in an effort to control capital flows in and out of the country.

To gradually open the capital account, the government introduced the QFII and RQFII programs in 2003 and 2011, respectively. They give foreign investors the right to move money into the account to encourage controlled flows.

The Qualified Domestic Institutional Investor program, a scheme that allows domestic investors to access foreign assets, totalled 104 billion U.S. dollars.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011103261383579921
主站蜘蛛池模板: 湾仔区| 于田县| 东乌珠穆沁旗| 和静县| 德令哈市| 布尔津县| 阜阳市| 河池市| 百色市| 文成县| 远安县| 乌海市| 西乡县| 岳西县| 托克逊县| 常宁市| 大城县| 西峡县| 宜州市| 安乡县| 普洱| 文成县| 丹东市| 搜索| 乌审旗| 崇文区| 会理县| 沁水县| 大同市| 桦甸市| 阳曲县| 高雄市| 洱源县| 泸溪县| 巴塘县| 雷波县| 新宾| 永丰县| 饶阳县| 丹江口市| 洮南市|