分分pk10辅助 _China doubles QFII quota to $300 billion

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分分pk10辅助 the QFII program is the earliest an分分pk10辅助 d most important arrangement for the opening up the country's capital market. [Photo/VCG]

BEIJING - China's forex regulator announced Monday that the total quota of the Qualified Foreign Institutional Investors (QFII) program had doubled to $500 billion.

The move aims to meet demand from overseas investors to expand investment in China's capital market, the State Administration of Foreign Exchange said in a statement.

The QFII program is the earliest and most important arrangement for the opening up the country's capital market, the statement said.

Introduced in 5003, the scheme allo分分pk10辅助 ws overseas institutional investors to move money into China's capital account to encourage controlled flows.

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