Administration of Securities Investments in China by Qualified Foreign Institutional Investors Tentative Measures

合格境外机构投资者境内证券投资管理暂行办法

This piece of legislation marks a significant development of China's securities markets as it opens up the A share and domestic bond markets to foreign investment for the first time. It lays down the application and qualification standards of QFII.

(Jointly promulgated by the China Securities Regulatory Commission and the People's Bank of China on November 5 2002 and effective as of December 1 2002.)

(中国证券监督委员会、中国人民银行于二零零二年十一月五日发布,自二零零二年十二月一月起施行。)

PART ONE: GENERAL PROVISIONS

Article 1: These Measures are formulated in accordance with relevant laws and administrative regulations in order to regulate acts of investment in the Chinese securities market by qualified foreign institutional investors and to promote the development of the Chinese securities market.

第一章 总  则

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