A requirement for foreign FIs to have USD 10 billion in assets to establish or become strategic investors in Chinese commercial banks has been removed.
April 7, 2022Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022The 85-year-old Public Service Act has been amended to allow full foreign ownership in the airlines, telecommunications, shipping, railway and irrigation sectors.
March 27, 2022The government is seeking views on further refinements to the foreign investment framework to ensure it remains fit for purpose.
February 16, 2022Foreign investors from excepted foreign states are exempt from mandatory filings and national security reviews of real estate transactions and non-controlling investments.
January 13, 2022A newly-formed committee will identify the CCP's operating model and propose the necessary procedures for its establishment, including procurement.
January 3, 2022The plan includes measures to further open up the banking, securities, insurance, funds, futures and other financial sectors.
October 30, 2021Hainan’s also plans also launch QFLP and QDLP trials and enhanced currency convertibility to facilitate cross-border trade and investment.
September 7, 2021The new quotas, awarded to 17 institutions, represent the largest approval by SAFE in the history of the QDII scheme.
June 4, 2021An RBI working group has previously recommended limiting banks to a 20 percent stage in insurers, down from 50 percent currently.
March 6, 2021