- The 2026 “Stabilizing Foreign Investment” plan lets more foreign institutions use risk-management tools including Treasury futures.
2026年”固稳促优”方案支持更多外资机构运用包括国债期货在内的风险管理工具。- Foreign institutions are allowed to conduct fund investment-advisory business under the law.
外资机构可依法开展基金投资顾问业务。- Key FIEs receive cross-border financing convenience quotas to ease external financing.
为重点外资企业提供跨境融资便利化额度，缓解外部融资。- Domestic banks are guided to offer “agency document preparation” international settlement services to large FIEs.
引导境内银行为大型外资企业提供”代客制单”国际结算服务。- Exchanges optimise pre-IPO communication and support qualified FIEs in domestic listings.
交易所优化上市申报前预沟通，支持符合条件的重点外资企业境内上市融资。- These measures sit within the financial-opening pillar and complement the existing financial/fintech licensing rules.
上述举措属金融业开放支柱，与现行金融服务与金融科技牌照规则相互补充。
Financial sector opening measures for foreign institutions | 金融业开放新措施
Overview
The Action Plan for Stabilizing and Improving Foreign Investment (利用外资固稳促优行动方案) includes a financial-opening pillar (issued 16 June 2026, 商资发〔2026〕97号; effective from 1 July 2026). It broadens what foreign-invested institutions and enterprises can do in China’s financial market — from risk management and fund advisory to cross-border financing and domestic listings — within a prudential, well-supervised framework.
This article extracts the financial-opening measures most relevant to foreign investors and operators.
Informational guidance only; specific eligibility and approval routes are set by the financial regulators, so verify with the competent authority before acting.
Measures at a glance
Risk-management tools
- Support more foreign institutions in using risk-management instruments including Treasury futures (国债期货), strengthening financial-risk management.
- This widens access beyond the handful of qualified foreign participants previously permitted.
Fund investment advisory
- Allow foreign institutions to conduct fund investment-advisory business (基金投资顾问业务) in accordance with the law.
- Opens a fee-based advisory channel for foreign asset managers and wealth platforms.
Cross-border financing convenience
- Provide cross-border financing convenience quotas (跨境融资便利化额度) for key foreign-invested enterprises.
- Eases external financing for large, well-rated FIEs operating in China.
International settlement services
- Guide domestic banks to offer “agency document preparation” (代客制单) international settlement document services to large FIEs.
- Reduces the administrative burden of trade and cross-border settlement paperwork.
Domestic listings
- Optimise pre-IPO communication (上市申报前预沟通) at the exchanges.
- Support qualified key FIEs in domestic listings (境内上市融资), broadening exit and financing options.
How these fit
- These are opening measures under the market-access agenda, distinct from — but complementary to — the financial and fintech licensing regime (e.g., payment, fund-management and securities licences).
- They assume the institution already holds the relevant licence; the plan relaxes what the licence holder can do, not the licensing threshold itself.
What to do next
- If you are a licensed foreign financial institution, assess which relaxed activities (Treasury futures, fund advisory) fit your China strategy.
- For operating FIEs, evaluate eligibility for cross-border financing quotas and “agency document preparation” settlement.
- For FIEs considering an exit/financing, engage the exchanges’ pre-IPO communication early.
- Track implementing rules from the financial regulators (central bank, securities and banking regulators).
- Confirm prudential and qualification thresholds with the competent regulator before relying on these openings.
Sources
- 中华人民共和国中央人民政府（国务院）— 《利用外资固稳促优行动方案》全文：https://www.gov.cn/zhengce/zhengceku/202606/content_7072838.htm
- 商务部 — 关于印发《利用外资固稳促优行动方案》的通知（商资发〔2026〕97号）：https://tradeinservices.mofcom.gov.cn/article/zcfb/zcfg/202606/183553.html
Related reading
- see also: Stabilizing Foreign Investment Action Plan: 15 measures at a glance / 利用外资固稳促优行动方案：15条举措总览
- see also: Cross-border service payments / 跨境支付
- see also: Financial services & fintech licensing / 金融服务与金融科技牌照
金融业开放新措施
概述
《利用外资固稳促优行动方案》设有金融业开放支柱（2026年6月16日印发，商资发〔2026〕97号；自2026年7月1日起落地）。在审慎、受监管框架下，方案拓宽外资机构与企业在华金融市场可从事的活动——从风险管理、基金投顾到跨境融资与境内上市。
本文提取与外国投资者和运营者最相关的金融业开放举措。
本文仅为信息性指引；具体资格与审批路径由金融监管部门规定，行动前请向主管机关核实。
举措一览
风险管理工具
- 支持更多外资机构运用包括国债期货在内的风险管理工具，加强金融风险管理。
- 将准入从少数合格外资参与者扩展至更广范围。
基金投资顾问
- 允许外资机构依法开展基金投资顾问业务。
- 为外资资管与财富平台打开收费型顾问渠道。
跨境融资便利化
- 为重点外资企业提供跨境融资便利化额度。
- 缓解在华大型、高评级外资企业的外部融资压力。
国际结算服务
- 引导境内银行为大型外资企业提供“代客制单”国际结算单证服务。
- 降低贸易与跨境结算单证的行政负担。
境内上市
- 优化交易所上市申报前预沟通。
- 支持符合条件的重点外资企业境内上市融资，拓宽退出与融资选项。
政策定位
- 上述属市场准入议程下的开放举措，与金融服务与金融科技牌照制度（支付、基金、证券等牌照）不同但互补。
- 其前提是机构已持相关牌照；方案放宽的是牌照持有者可从事的活动，而非牌照门槛本身。
下一步建议
- 若你为持牌外资金融机构，评估放宽后的活动（国债期货、基金投顾）是否契合中国战略。
- 运营中的外资企业，评估跨境融资额度与”代客制单”结算的适用性。
- 拟退出/融资的外资企业，尽早对接交易所上市前预沟通。
- 跟踪金融监管部门（央行、证券、银行监管）的实施规则。
- 依赖上述开放前，向主管机关确认审慎与资格门槛。
来源
- 中华人民共和国中央人民政府（国务院）— 《利用外资固稳促优行动方案》全文：https://www.gov.cn/zhengce/zhengceku/202606/content_7072838.htm
- 商务部 — 关于印发《利用外资固稳促优行动方案》的通知（商资发〔2026〕97号）：https://tradeinservices.mofcom.gov.cn/article/zcfb/zcfg/202606/183553.html
相关阅读
- see also: 利用外资固稳促优行动方案：15条举措总览 / Stabilizing Foreign Investment Action Plan: 15 measures at a glance
- see also: 跨境支付 / Cross-border service payments
- see also: 金融服务与金融科技牌照 / Financial services & fintech licensing