Net inflow of financial FDI in Q2

Source: Xinhua | 2018-08-10

China’s financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in the second quarter, the nation’s foreign exchange regulator said yesterday.

Foreign direct investment in China’s financial institutions was US$3.47 billion, while US$2.59 billion of investment flowed out, resulting in an US$881 million net inflow, according to the State Administration of Foreign Exchange.

The country’s financial institutions made a net overseas investment of US$2.13 billion. SAFE has been publishing data on a quarterly basis since 2012 to increase the transparency of foreign exchange statistics.

China has rolled out a number of measures to significantly broaden market access since the beginning of this year, which marks the 40th anniversary of the reform and opening-up policy.

In late June, China unveiled a shortened negative list for foreign investment, in which, it cut the number of items on the list to 48 from 63 and detailed 22 opening-up measures in several sectors.