China is considering relaxing restrictions on outbound investment in a bid to facilitate two-way capital flows as it opens capital markets to more overseas investors.
China will appropriately raise the quota on its Qualified Domestic Institutional Investor (QDII) scheme in 2021 and improve the rules for granting QDII quota, Ye Haisheng, the head of capital account management department at the State Administration of Foreign Exchange (SAFE), wrote in an article on a publication of the administration.
