On November 7 2002, the China Securities Regulatory Commission and the People's Bank of China jointly issued the Interim Measures on Administration of Domestic Securities Investment of Qualified Foreign Institutional Investors (QFII). These measures allow foreign investors to invest in publicly traded, yuan-denominated A shares, treasury and corporate bonds listed on the Shanghai and Shenzhen stock exchanges. The new rules became effective December 1.
January 01 2003