Since 2012, in order to further promote reform and development of the domestic capital market, the foreign exchange authorities have accelerated the pace of approval of the investment quota for Qualified Foreign Institutional Investors (QFIIs). From January 1 to September 19 of 2012, the foreign exchange authorities approved a total investment quota of USD 9.178 billion (including additional investment quotas) for 72 QFIIs. As of September 19, 2012, the foreign exchange authorities approved a total investment quota of USD 30.818 billion for 157 QFIIs.  

During the next step, in light of the balance of payments situation, the foreign exchange authorities will continue to promote improvement in the QFII system and to support the reform and development of the domestic capital market.