pt平臺首存優惠: Two-way fund flows set to be encouraged

2021-02-23 13:13:56China Daily Editor : Mo Hong'e ECNS App Download

申博官方网址,  王国军认为,保险公司出于安全性、收益性和流动性的考虑,在资金运营过程中,倾向于寻找一个长期的投资渠道,从而带来比较稳定的收益。网民尹中立表示,现今房价暴涨的原因是银行信贷等多方面原因造成部分开发商融资成本偏低,助推了高价地频现、面粉普遍比面包贵的现象。  下半场易地再战,双方都没有做出人员调整。但未来不排除通过上市公司股东大会行使股东权利,向上市公司提名或推荐董事、监事人选。

  身陷囹圄的黄红云,还有多少精力来布控一场控制权保卫战,还待时间来回答。  11.假如发二期城投债,近三年净利润只要覆盖当期利息,不需要覆盖一期和二期加总的利息吧?  答:覆盖本期债券一年利息。庞奇最后锒铛入狱。4日15时10分左右,我在花园里上了个厕所,婴儿车就放在厕所门口,谁知3分钟后从厕所出来,就发现孩子和婴儿车都不见了。


Individuals may be permitted to invest in foreign shares, insurance products

China is likely to achieve a breakthrough this year that would permit personal investment in securities and insurance products overseas, an indication that policymakers are willing to see more active two-way capital flows, experts said on Monday.

The experts also hinted at the possibility of further removing limits on personal cross-border investment, with a senior official from the foreign exchange regulator suggesting the revision of some relevant rules in an article published in China Forex, a magazine, on Friday.

Ye Haisheng, director of the Capital Account Management Department at the State Administration of Foreign Exchange, said regulators are considering allowing individuals to invest in overseas securities and insurance products within the annual quota of $50,000.

The SAFE will also study to ease restrictions in an orderly way on outboard personal investment, amend the management regulations for individuals to participate in equity incentive plans of overseas listed companies, and optimize the management procedure, Ye wrote in the article.

The easier rules will encourage more capital outflows, which in turn will lead to a more flexible renminbi exchange rate, the experts said.

Li Zongguang, chief economist of China Renaissance, an investment bank, said the new regulations, when implemented, will increase Chinese mainland investors' purchase in shares of listed companies in Hong Kong and the United States.

Due to the country's improved balance of payments indicators by the end of last year, especially for the trade of goods and services, conditions are improving steadily for freeing up cross-border capital flows and this will boost the global usage of the renminbi, said Li Chao, chief economist of Zheshang Securities.

According to the monthly RMB tracker from the Society for Worldwide Interbank Financial Telecommunication, a global provider of financial messaging services, the renminbi's share in global payments accounted for 2.42 percent in January, up from 1.88 percent in December and 2.15 percent in the same period in 2019, the highest level in five years.

The Chinese currency also retained its ranking as the fifth most attractive currency for global payments in value terms in January. The total value of RMB payments increased by 21.34 percent on a monthly basis last month, according to SWIFT data.

Wang Chunying, a SAFE spokeswoman, said on Saturday that China maintained net inflows of FDI in January, and foreign investors increased their net holdings of onshore bonds and stocks by $41.6 billion, while domestic investors increased overseas investments mostly through southbound trading in the Shanghai-and Shenzhen-Hong Kong Stock Connect programs.

Buoyed by the sustained and stable recovery of China's economy and the further opening up of the financial market, two-way cross-border capital flows have become more active recently and this will help in the further development and stability of the foreign exchange market, said Wang.

China registered another current account surplus last year, as exports of goods and services exceeded imports. The surplus widened by 112 percent on a yearly basis to $298.9 billion, the highest level in five years. It also accounted for 2 percent of the GDP, compared with 1 percent in 2019, according to SAFE data issued on Friday.

The wider current account surplus was also a result of the better-than-expected 4 percent year-on-year growth in exports, China's early work recovery and significant increase in export prices. It was also aided by the narrow deficit in services trade, largely due to the 47 percent slump in outbound tourism spending, according to official data.

Experts from the International Monetary Fund said China's surplus has been trending down from the peak of 10 percent of GDP in 2007.This reflects strong investment growth, the appreciation of real effective exchange rate of the renminbi, weak external demand and progress in rebalancing.

Experts said that over the medium term, a further opening of the capital account will create substantially larger two-way capital flows, which would mean strengthening domestic financial stability.

The possible pilot programs to expand outbound personal investment may, however, be limited to some developed cities such as Shanghai, Shenzhen in Guangdong province, and Tianjin. The qualified investors for these pilot programs may also be limited to people with higher incomes and risk tolerance, said Li from Zheshang Securities.

In the near term, a possible expansion of outboard personal investment will not threaten the stability of the A-share market, as policy details are still being worked out without a specific launch timetable. The renminbi-denominated assets, including stocks and bonds, will remain attractive and the authorities are making efforts to encourage more inward foreign direct investment, said Li.

Related news


Most popular in 24h

MoreTop news


Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2021 All rights reserved.
Reproduction in whole or in part without permission is prohibited.
申博官方网址 申博现金网登入 申博138游戏直营网 菲律宾网上娱乐登入
申博登录网址 申博太阳城官方现金直营网 申博怎么申请提款 申博太阳城登入 菲律宾申博直营现金网
菲律宾太阳娱乐登入官网 申博游戏安卓系统下载 菲律宾申博娱乐官网 百家乐支付宝充值 太阳城亚洲游戏登入 申博娱乐太阳成登入