When a company in the trial program exits from an investment program, how will the investment returns be transferred to a foreign investor?

QFLPs transferring realized accumulated profits or capital should acquire an audit report issued by registered public accountants in China, submit ...

Can companies in the trial program use yuan-denominated returns to make other domestic investment?

Quotas used by QDLPs in the trial can only be used in a single round of investment. In principle, companies can not invest in new projects once the...

Are there industrial restrictions when companies in the trial program make an investment?

QFLPs must not participate in the following businesses: (1) Sectors where foreign investment is forbidden by the country; (2) Trade in the secondar...

How do companies in the trial make domestic investment?

QFLPs making domestic investment should comply with relevant laws, administrative rules, and regulations applicable to foreign investment. Those re...

How do companies apply for foreign currency conversion?

Companies participating in the trial should convert currencies at a custodian bank, and should comply with principles of conversion from real needs...

What’s the difference between setting up a QFLP and applying for QFLP trial?

Applying for setting up a QFLP is different from applying for participating in the QFLP trial. So far, only those QFLPs that are approved to partic...

How do companies apply for the QFLP trial? What qualifications are required for applicants and foreign investors?

QFLP and foreign equity investment management companies participating in the trial should submit trial applications to Shanghai Financial Services ...

What approval procedures are needed to set up a Qualified Foreign Limited Partner (QFLP)?

Foreign applicants for setting up a QFLP must comply with The Measures for Administration of the Establishment of Partnership Enterprises Within th...

Implementation Regulations concerning Foreign Exchange Administration to Support the Construction of the China (Shanghai) Pilot Free Trade Zone

Chapter I  General Provision  Article 1 - To support the construction of the China (Shanghai) Pilot Free Trade Zone ("Pilot FTZ"), and implement "T...

Notice of the Shanghai Head Office of the People's Bank of China to Promote Cross-border Use of Renminbi in the China (Shanghai) Pilot FTZ

To the China Development bank, policy banks, state-owned commercial banks, joint-stock commercial banks, China Postal Savings Bank Shanghai branch;...