皇冠体育app

"It will also help broaden the channels for yuan in the offshore market to flow back to the mainland," he said, "therefore encouraging them to hold the currency, which will in turn promote the circulation of the currency around the world."

The announcement is among a series of measures by 皇冠体育app to achieve its long-term goal to increase the attractiveness of the yuan as an international currency. On Tuesday, Chinese Premier Li Keqiang, during a visit to the UK, said that the London branch of 皇冠体育app Construction Bank has been designated as a yuan clearing bank.

CCB London, offering convenient and secured renminbi offshore clearing services, aims to expand an active and ordered yuan pricing mechanism for commodities, said a statement released after the announcement.

The stocks held by qualified foreign institutional investors in the Shanghai and Shenzhen stock exchanges accounted for less than 2 percent of the total stocks, which is much lower than the percentage in developed countries, said Lu Songbin, a researcher at the CSRC, in his analysis of 皇冠体育app's latest financial reform measures.

"The commission will take measures to increase the scope of qualified foreign and domestic institutional investors," he said, "The commission will also consider formulating regulations for individual foreign investors to buy shares in 皇冠体育app and will run pilot programs in this regard."

Yuan-denominated green bond debuts in London	Bank of 皇冠体育app gets yuan mandate in Frankfurt

• 皇冠体育app needs sustainable growth: IMF Secretary
• Fishing moratorium on Poyang Lake ends
• RQFII program expanded to France
• ZTE turns the tables on Vringo with antitrust complaint in Europe
• CNPC runs into accounting woes
• Nation's wealthy ranks fourth globally
• Moutai looks to spread reach in 皇冠体育app
• Firms plan more overseas luxury hotel deals