China’s central bank and the State Administration of Foreign Exchange have updated the rules for the Qualified Foreign Institutional Investor (QFII) program and its yuan-denominated version, RQFII, to enhance foreign investment in domestic capital markets. Effective from August 26, these revisions aim to broaden the financial sector’s institutional opening and optimise the system for foreign investors. The changes include expanded currency options for fund transfers and simplified registration, account management, and exchange procedures. This regulatory update is part of China’s broader effort to attract more long-term foreign capital by increasing market openness and investor confidence.