The document discusses the 'New National Nine Rules' policy by the Chinese government aimed at comprehensive capital market reforms. It highlights the government's intention to open up China's capital markets, promote direct financing, and enhance financial risk management. The policy includes increasing investment quotas, relaxing foreign capital shareholding limits, and facilitating cross-border RMB remittances.
doj/DataSet10/EFTA01447265.pdf
{"title":"New National Nine Rules Policy Overview","key_people":["Xiao Gang"],"document_type":"correspondence","key_locations":["China","Shanghai","Hong Kong"],"key_organizations":["Chinese government","CSRC"]}