国内英语资讯:China releases rules to open securities sector to foreign investors
<p><span word="BEIJING">BEIJING</span>, <span word="April">April</span> 29-- <span word="China">China</span> <span word="has">has</span> <span word="released">released</span> <span word="new">new</span> <span word="management">management</span> <span word="rules">rules</span> <span word="on">on</span> <span word="foreign">foreign</span> <span word="investment">investment</span> <span word="in">in</span> <span word="the">the</span> <span word="securities">securities</span> <span word="sector">sector</span> <span word="as">as</span> <span word="the">the</span> <span word="government">government</span> <span word="takes">takes</span> <span word="steady">steady</span> <span word="steps">steps</span> <span word="to">to</span> <span word="open">open</span> <span word="its">its</span> <span word="financial">financial</span> <span word="sector">sector</span> <span word="wider">wider</span>.</p><p><span word="The">The</span> <span word="revised">revised</span> <span word="rules">rules</span> <span word="released">released</span> <span word="by">by</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="CSRC">CSRC</span>) <span word="allow">allow</span> <span word="foreign">foreign</span> <span word="investors">investors</span> <span word="to">to</span> <span word="take">take</span> <span word="a">a</span> <span word="controlling">controlling</span> <span word="stake">stake</span> <span word="in">in</span> <span word="joint">joint</span>-<span word="venture">venture</span> <span word="securities">securities</span> <span word="firms">firms</span>, <span word="and">and</span> <span word="promise">promise</span> <span word="to">to</span> <span word="gradually">gradually</span> <span word="expand">expand</span> <span word="the">the</span> <span word="business">business</span> <span word="scope">scope</span> <span word="of">of</span> <span word="such">such</span> <span word="firms">firms</span>.</p><p><span word="China">China</span> <span word="will">will</span> <span word="equalize">equalize</span> <span word="foreign">foreign</span> <span word="investors">investors</span>' <span word="equity">equity</span> <span word="shares">shares</span> <span word="in">in</span> <span word="listed">listed</span> <span word="and">and</span> <span word="unlisted">unlisted</span> <span word="securities">securities</span> <span word="companies">companies</span>, <span word="according">according</span> <span word="to">to</span> <span word="the">the</span> <span word="rules">rules</span>, <span word="which">which</span> <span word="also">also</span> <span word="set">set</span> <span word="qualification">qualification</span> <span word="requirements">requirements</span> <span word="for">for</span> <span word="overseas">overseas</span> <span word="shareholders">shareholders</span>.</p><p><span word="Following">Following</span> <span word="the">the</span> <span word="release">release</span> <span word="of">of</span> <span word="the">the</span> <span word="new">new</span> <span word="rules">rules</span>, <span word="the">the</span> <span word="CSRC">CSRC</span> <span word="said">said</span> <span word="it">it</span> <span word="will">will</span> <span word="update">update</span> <span word="related">related</span> <span word="administrative">administrative</span> <span word="approvals">approvals</span> <span word="to">to</span> <span word="help">help</span> <span word="eligible">eligible</span> <span word="foreign">foreign</span> <span word="investors">investors</span> <span word="apply">apply</span> <span word="to">to</span> <span word="set">set</span> <span word="up">up</span> <span word="companies">companies</span>.</p><p><span word="The">The</span> <span word="measures">measures</span> <span word="are">are</span> <span word="in">in</span> <span word="line">line</span> <span word="with">with</span> <span word="plans">plans</span> <span word="announced">announced</span> <span word="by">by</span> <span word="authorities">authorities</span> <span word="at">at</span> <span word="the">the</span> <span word="Boao">Boao</span> <span word="Forum">Forum</span> <span word="for">for</span> <span word="Asia">Asia</span> <span word="annual">annual</span> <span word="conference">conference</span> <span word="earlier">earlier</span> <span word="this">this</span> <span word="month">month</span>.</p><p><span word="As">As</span> <span word="part">part</span> <span word="of">of</span> <span word="the">the</span> <span word="country">country</span>'<span word="s">s</span> <span word="broader">broader</span> <span word="opening">opening</span>-<span word="up">up</span> <span word="push">push</span>, <span word="China">China</span> <span word="will">will</span> <span word="encourage">encourage</span> <span word="foreign">foreign</span> <span word="investors">investors</span> <span word="to">to</span> <span word="enter">enter</span> <span word="its">its</span> <span word="trust">trust</span>, <span word="financial">financial</span> <span word="leasing">leasing</span>, <span word="auto">auto</span> <span word="finance">finance</span>, <span word="money">money</span> <span word="brokerage">brokerage</span>, <span word="and">and</span> <span word="consumer">consumer</span> <span word="finance">finance</span> <span word="sectors">sectors</span>, <span word="a">a</span> <span word="move">move</span> <span word="that">that</span> <span word="will">will</span> <span word="take">take</span> <span word="effect">effect</span> <span word="before">before</span> <span word="the">the</span> <span word="end">end</span> <span word="of">of</span> <span word="this">this</span> <span word="year">year</span>, <span word="China">China</span>'<span word="s">s</span> <span word="central">central</span> <span word="bank">bank</span> <span word="governor">governor</span> <span word="Yi">Yi</span> <span word="Gang">Gang</span> <span word="said">said</span> <span word="at">at</span> <span word="the">the</span> <span word="conference">conference</span>.</p>
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