Current location:Earth Enigma news portal > health
China introduces measures to support overseas investment in domestic sci
Earth Enigma news portal2024-05-07 17:10:55【health】1People have gathered around
IntroductionBEIJING, April 19 (Xinhua) -- Chinese authorities released a document Friday introducing new measure
BEIJING, April 19 (Xinhua) -- Chinese authorities released a document Friday introducing new measures to encourage overseas institutions to invest in China's domestic sci-tech enterprises. The document, jointly unveiled by the Ministry of Commerce and nine other government departments, includes 16 measures that aim to optimize management services, enhance financing support, strengthen exchanges and cooperation, and improve exit mechanisms. China will work to efficiently approve the qualification applications for the dollar-denominated qualified foreign institutional investor scheme (QFII) and its yuan-denominated sibling, RQFII, in accordance with the law, it said. Overseas institutions will also be supported to invest in domestic sci-tech enterprises through the Qualified Foreign Limited Partner (QFLP) scheme. Domestic venture capital funds established by overseas institutions will enjoy equal treatment with those established by domestic investors, according to the document. Eligible overseas institutions will be encouraged to issue yuan-denominated bonds in China and invest in the sci-tech field, and the pilot projects that facilitate cross-border financing will be expanded nationwide. Domestic banks will be encouraged to enhance cooperation with overseas institutions, it said.
(Editor:Fu Bo)
Address of this article:http://eritrea.claboston.org/news-13a499538.html
Very good!(53443)
Related articles
- Defending national champion LSU boosts its postseason hopes with series win against Texas A&M
- Kremlin says 2022 draft document could serve as starting point for future Ukraine peace talks
- Jury visits a ranch near US
- Where is the Princess of Wales? The internet knows
- Here's where Biden and Trump stand on 10 key issues
- Belarus convicts a famous dissident rock band and sentences its members to correctional labor
- Three killed in Ethiopia shootout as regional rebellions spill into the capital
- Arizona's near
- Redfin agrees to pay $9.25 million to settle real estate broker commission lawsuits
- China is surging equipment sales to Russia to help war effort in Ukraine, US intelligence finds
Popular articles
Recommended
Skye Wheatley hosts reunion with her I'm A Celebrity co
1 dead after shuttle bus crashes at a Honolulu cruise ship terminal
Trump to host rally on Biden's home turf in northeast Pennsylvania
Louisiana lawmakers reject minimum wage raise and protections for LGBTQ+ people in the workplace
Who is youngest
Trump: Court finding first Americans to sit in judgment of former president
OJ Simpson dies at 76 of prostate cancer
Trump, Speaker Johnson meet at Mar
Links
- Strong tornado kills 5, injures 33 in China's Guangzhou
- Guangzhou Railway Group suspends 62 trains due to heavy rain
- Real Madrid thrash Celta to cement top spot
- Largest 'power bank' in eastern Zhejiang a step closer to operation
- 19 dead after road cave
- Dallas' Noltemy is named Los Angeles Philharmonic president
- Shanghai boosts services for inbound travelers
- One Tech Tip: How to repair an electric toothbrush
- Winning, not experimenting, is Bangladesh priority against Zimbabwe in T20 series
- A man is charged with causing a car crash that killed an on