China's central bank expands QDII quotas to boost overseas investment

China's central bank will soon issue a new round of investment quotas under the Qualified Domestic Institutional Investor (QDII) program, in a bid to meet domestic investors' overseas investment needs, the People's Bank of China said.

Speaking at the 2025 Lujiazui Forum, Zhu Hexin, PBOC Deputy Governor and Head of the State Administration of Foreign Exchange said the foreign exchange regulator will roll out a package of policy innovations in pilot free trade zones. 

The measures include ten facilitation policies such as optimizing settlement for new forms of international trade and expanding the Qualified Foreign Limited Partner pilot program, aimed at supporting the strategic development of these zones.

Zhu noted that China's foreign exchange market has remained generally stable despite a challenging global environment, with exports showing resilience. 

Meanwhile, China Securities Regulatory Commission chairman Wu Qing added that the CSRC will soon unveil an optimized framework for the Qualified Foreign Institutional Investor (QFII) program to further promote capital market's openness, including streamlined access and expanded product scope. 

The number of futures and options products available to QFIIs will be increased to 100.

STAFF REPORTER