BEIJING Aug 28 The outstanding amount of
China's dollar-denominated Qualified Foreign Institutional
Investor (QFII) programme stood at $59.7 billion as of the end
of August, the State Administration of Foreign Exchange (SAFE)
said on Thursday.
The outstanding amount under its Renminbi Qualified Foreign
Institutional Investor (RQFII) programme stood at 278.6 billion
yuan ($45.36 billion) for the month, said the country's foreign
For the previous month, the outstanding totals were $57.9
billion and 257.6 billion yuan, respectively.
Institutional investors need to apply for a licence from the
securities regulator to seek investment quotas from the foreign
For a graphic on China's QFII approvals, click:
($1 = 6.1420 Chinese yuan)
(Reporting By China Economics Team; Editing by Jacqueline Wong)