Investment access set to widen
<p><span word="The">The</span> <span word="mainland">mainland</span> <span word="might">might</span> <span word="launch">launch</span> <span word="a">a</span> <span word="program">program</span> <span word="to">to</span> <span word="allow">allow</span> <span word="Taiwan">Taiwan</span> <span word="investors">investors</span> <span word="to">to</span> <span word="use">use</span> <span word="offshore">offshore</span> <span word="yuan">yuan</span> <span word="deposits">deposits</span> <span word="to">to</span> <span word="invest">invest</span> <span word="in">in</span> <span word="the">the</span> <span word="mainland">mainland</span>'<span word="s">s</span> <span word="capital">capital</span> <span word="markets">markets</span>, <span word="Guo">Guo</span> <span word="Shuqing">Shuqing</span>, <span word="chairman">chairman</span> <span word="of">of</span> <span word="the">the</span> <span word="China">China</span> <span word="Securities">Securities</span> <span word="Regulatory">Regulatory</span> <span word="Commission">Commission</span>, <span word="said">said</span> <span word="on">on</span> <span word="Sunday">Sunday</span>.</p><p><span word="A">A</span> <span word="similar">similar</span> <span word="program">program</span>, <span word="known">known</span> <span word="as">as</span> <span word="the">the</span> <span word="RMB">RMB</span> <span word="Qualified">Qualified</span> <span word="Foreign">Foreign</span> <span word="Institutional">Institutional</span> <span word="Investor">Investor</span>, <span word="or">or</span> <span word="RQFII">RQFII</span>, <span word="was">was</span> <span word="launched">launched</span> <span word="in">in</span> <span word="Hong">Hong</span> <span word="Kong">Kong</span> <span word="at">at</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="last">last</span> <span word="year">year</span> <span word="with">with</span> <span word="a">a</span> <span word="quota">quota</span> <span word="of">of</span> 20 <span word="billion">billion</span> <span word="yuan">yuan</span> ($3.17 <span word="billion">billion</span>).</p><p><span word="At">At</span> <span word="present">present</span>, <span word="individual">individual</span> <span word="investors">investors</span> <span word="in">in</span> <span word="Taiwan">Taiwan</span> <span word="can">can</span> <span word="directly">directly</span> <span word="invest">invest</span> <span word="in">in</span> <span word="the">the</span> <span word="mainland">mainland</span>'<span word="s">s</span> <span word="dollar">dollar</span>-<span word="denominated">denominated</span> <span word="B">B</span>-<span word="share">share</span> <span word="market">market</span>. <span word="They">They</span> <span word="can">can</span> <span word="also">also</span> <span word="buy">buy</span> <span word="yuan">yuan</span>-<span word="denominated">denominated</span> <span word="A">A</span> <span word="shares">shares</span> <span word="through">through</span> <span word="the">the</span> <span word="QFII">QFII</span> <span word="program">program</span>.</p><p>"<span word="We">We</span> <span word="are">are</span> <span word="likely">likely</span> <span word="to">to</span> <span word="launch">launch</span> <span word="the">the</span> <span word="RQFII">RQFII</span> <span word="program">program</span> <span word="in">in</span> <span word="Taiwan">Taiwan</span> <span word="in">in</span> <span word="the">the</span> <span word="future">future</span>, <span word="as">as</span> <span word="well">well</span> <span word="as">as</span> <span word="allowing">allowing</span> <span word="individual">individual</span> <span word="investors">investors</span> <span word="in">in</span> <span word="the">the</span> <span word="region">region</span> <span word="to">to</span> <span word="invest">invest</span> <span word="directly">directly</span> <span word="in">in</span> <span word="the">the</span> <span word="A">A</span>-<span word="share">share</span> <span word="market">market</span>," <span word="Guo">Guo</span> <span word="said">said</span> <span word="on">on</span> <span word="the">the</span> <span word="sidelines">sidelines</span> <span word="of">of</span> <span word="the">the</span> <span word="two">two</span> <span word="sessions">sessions</span>. <span word="But">But</span> <span word="he">he</span> <span word="added">added</span> <span word="that">that</span> <span word="study">study</span> <span word="of">of</span> <span word="the">the</span> <span word="issue">issue</span> <span word="hadn">hadn</span>'<span word="t">t</span> <span word="yet">yet</span> <span word="started">started</span>.</p><p><span word="The">The</span> <span word="program">program</span> <span word="offers">offers</span> <span word="more">more</span> <span word="investment">investment</span> <span word="channels">channels</span> <span word="for">for</span> <span word="the">the</span> <span word="growing">growing</span> <span word="amount">amount</span> <span word="of">of</span> <span word="yuan">yuan</span> <span word="deposits">deposits</span> <span word="in">in</span> <span word="Hong">Hong</span> <span word="Kong">Kong</span>, <span word="which">which</span> <span word="reached">reached</span> 576 <span word="billion">billion</span> <span word="yuan">yuan</span> <span word="at">at</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="January">January</span>.</p><p><span word="Under">Under</span> <span word="the">the</span> <span word="program">program</span>, <span word="Hong">Hong</span> <span word="Kong">Kong</span> <span word="institutional">institutional</span> <span word="investors">investors</span> <span word="can">can</span> <span word="invest">invest</span> <span word="in">in</span> <span word="the">the</span> <span word="A">A</span>-<span word="share">share</span> <span word="market">market</span> <span word="using">using</span> <span word="yuan">yuan</span> <span word="parked">parked</span> <span word="overseas">overseas</span>.</p><p><span word="Taiwan">Taiwan</span> <span word="said">said</span> <span word="last">last</span> <span word="year">year</span> <span word="it">it</span> <span word="also">also</span> <span word="wanted">wanted</span> <span word="to">to</span> <span word="be">be</span> <span word="a">a</span> <span word="trading">trading</span> <span word="center">center</span> <span word="for">for</span> <span word="offshore">offshore</span> <span word="yuan">yuan</span>, <span word="aiming">aiming</span> <span word="to">to</span> <span word="take">take</span> <span word="advantage">advantage</span> <span word="of">of</span> <span word="the">the</span> <span word="yuan">yuan</span>'<span word="s">s</span> <span word="internationalization">internationalization</span>.</p><p><span word="In">In</span> <span word="August">August</span> 2011, <span word="Taiwan">Taiwan</span>'<span word="s">s</span> "<span word="central">central</span> <span word="bank">bank</span>" <span word="listed">listed</span> "<span word="being">being</span> <span word="an">an</span> <span word="offshore">offshore</span> <span word="yuan">yuan</span> <span word="center">center</span>" <span word="as">as</span> <span word="one">one</span> <span word="of">of</span> <span word="its">its</span> <span word="long">long</span>-<span word="term">term</span> <span word="targets">targets</span>.</p>
页:
[1]