China to facilitate foreign investors investing in domestic securities: official

SHANGHAI, June 19 (Xinhua) -- China will simplify and improve fund management for the dollar-denominated Qualified Foreign Institutional Investor scheme (QFII) and its yuan-denominated sibling, RQFII, Zhu Hexin, deputy governor of the People's Bank of China, said on Wednesday.

The QFII and RQFII programs are designed to allow overseas investors to invest in China's domestic capital markets.

"We are revisi