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China To Facilitate Foreign Investment In Domestic Tech Firms

CHINA PRESS
MNI (Singapore)

China’s commerce ministry and nine other departments have jointly released 16 measures to facilitate and encourage foreign institutions to invest in domestic technology enterprises, Shanghai Securities News reported. Applications for qualified foreign institutional investor (QFII) and RMB qualified foreign institutional investor (RQFII) will be reviewed and approved efficiently. Authorities will continue to improve forex management under direct investment and better support foreign investors’ equity investments especially via the Qualified Foreign Limited Partner (QFLP) scheme.

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China’s commerce ministry and nine other departments have jointly released 16 measures to facilitate and encourage foreign institutions to invest in domestic technology enterprises, Shanghai Securities News reported. Applications for qualified foreign institutional investor (QFII) and RMB qualified foreign institutional investor (RQFII) will be reviewed and approved efficiently. Authorities will continue to improve forex management under direct investment and better support foreign investors’ equity investments especially via the Qualified Foreign Limited Partner (QFLP) scheme.