China's financial industry has..........>

CHINA PRESS: China's financial industry has accelerated its opening up,

introducing more overseas capital since the start of this year, the Securities

Times said Tuesday. As of April, the State Administration of Foreign Exchange

has approved 13 Qualified Foreign Institutional Investors (QFII) to bring in a

total of US$4.74 billion in 2019, exceeding the total amount approved last year.

A total of 12 RMB Qualified Foreign Institutional Investors (RQFII) were given

the green light to invest CNY24 billion, exceeding half of the total approved in

2018. The market is expecting further foreign capital to flow in up to CNY600

billion for this year -- the newspaper said, citing a report by Great Wall

Securities, noting that foreign capital is becoming important funding in the

A-share market.