China's Financial Sector is Accelerating its Transition towards Institutional Opening-up
Opening-up is the essential path for China's development and progress, bearing fundamental, strategic, and long-term significance. As a critical initiative in this process, the opening-up of the financial sector aims to enhance the international competitiveness of China's financial system, integrate it into the global financial governance framework, and better leverage financial resources to support the real economy. Currently, China's financial opening-up has advanced steadily: domestic financial markets, including bonds and equities, have attracted significant foreign investment, which underscores the appeal of Chinese financial assets. While market-access liberalization continues to improve and international investors are entering China's financial market at a steady pace, China's financial sector is also accelerating its shift toward institutional opening-up to further advance financial liberalization.
Foreign Investment Framework in China's Finance
In the opening-up process of China's financial sector, sustained efforts have been made to enhance financial opening in the stock and bond markets. The financial industry has taken solid steps in opening-up, gradually demonstrating the characteristics of "full market access" and attracting substantial long-term international capital flow into China.