QDIIQualified Domestic Institutional Investors
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Administrative approval procedures for QFII and QDII qualification and quota shall be eliminated "when conditions are ripe," Xinhua News Agency quoted Zhou as saying on Tuesday.
As part of the regulatory approval process for QDII licences, Chinese investment firms are audited in a number of areas, including systems and process, to ensure that the necessary appropriate controls are in place as part of the investment process.
China's banking and securities commissions had previously approved Canada as a destination for mainland Chinese investment under the QDII programme.
China has introduced QFII and QDII programs as carefully controlled experiments to allow greater two-way cross-border portfolio investment flows.
The memorandum of understanding allows them to direct some of their clients' money to Britain through the Qualified Domestic Institutional Investor (QDII) programme.
This is precisely what the recently approved Qualified Domestic Institutional Investor (QDII) scheme and the newly created State Foreign Exchange Investment Corp.
It is also an active participant in the Qualified Foreign Institutional Investor (QFII) programme and, through UBS SDIC, in the Qualified Foreign Institutional Investors (QDII) programme.
To enliven local stock trading, some legislators have urged the government to enhance the quota for investments by mainland China's qualified domestic institutional investors (QDII) in Taiwanese stocks and open up intraday trading.
The transaction will be carried out through Qualified Domestic Institutional Investors (QDII) cleared by Chinaa[euro](tm)s security regulator at USD1.50 a share.
And if you're looking to diversify into foreign bonds and money markets, QDII remains the most popular way to invest abroad via funds.