China Outbound Investment Quotas Expansion Signals Further Capital Opening

China outbound investment quotas QDII expansion is planned as regulators prepare to raise quotas under the Qualified Domestic Institutional Investor programme, allowing approved mainland institutions to channel more money into overseas assets.

Zhu Hexin, head of China’s top currency regulator, said the move would better meet domestic institutions’ cross-border investment needs and support progress toward capital-account opening.

He added that more than 90% of China’s capital-account items were now at least partially open and that convertibility would continue to improve over the next five years.

The China outbound investment quotas QDII move was also framed as part of broader reforms supporting yuan internationalisation and upgrades to the CIPS payment system.