According to domestic media reports, Wu Qing, Chairman of the China Securities Regulatory Commission, stated at a financial forum annual meeting that the authorities will firmly continue to promote comprehensive institutional opening of the market, institutions, broaden overseas listing channels, and encourage foreign institutions to invest and expand their business in China.

Wu Qing also revealed that approvals have been given for 20 securities companies and fund companies to apply for central bank swap facilities. (js/u)

~