China will even more open its telecommunications services of added value and digital services related to foreign investors, and strive to open the medical and sanitary sectors, adds the document.
The country will allow financial institutions to expand the scope of their businesses, supporting multinational companies that invest or register locally to carry out cross -border operations of yuan centralized funds and intensifying the pilot plan for the Qualified Foreign Limited Partner program (QFLP), he said.
The QFLP was launched in 2010 and allows foreign investors to invest in the country’s private capital market through a limited company structure.
China will also promote the participation of Chinese and foreign commercial banks and insurers in the negotiation of Treasury bond futures in yuan for risk management purposes.
