Qualified Domestic Institutional Investor (QDII)

Under the Qualified Domestic Institutional Investor (QDII) Scheme, institutional investors such as commercial banks, fund management institutions, insurance companies, securities firms and trust companies, will be allowed to invest in the offshore financial markets after obtain approval from the China Securities Regulatory Commission.

In China, the domestic transfer of foreign exchange capital and the outbound and inbound remittance are supervised under the Chinese regulators as its capital accounts are not fully open. QDII scheme, which officially took effect in July 2007, is a transitional arrangement providing domestic institutional investors with access to overseas markets.

NumberChinese NameNameCategoryCustodian BanksLicence Approval DateInvestment Quota
(US$ million)
1中国银行股份有限公司Bank of China Limited Commercial Bank  Industrial and Commercial Bank of ChinaJun 1 20062500.00
2中国工商银行股份有限公司Industrial and Commercial Bank of China Limited Commercial Bank  Bank of ChinaJun 1 2006 2000.00
3东亚银行有限公司内地分行The Bank of East Asia (China) limitedCommercial Bank  China Merchants BankJun 1 2006 300.00
4交通银行股份有限公司Bank of Communications Co., Ltd.Commercial Bank  China Construction Bank Jun 1 2006 1500.00
5中国建设银行股份有限公司China Construction Bank Corporation Commercial Bank  Bank of CommunicationsJun 1 2006 2000.00
6汇丰银行(中国)有限公司HSBC Bank (China) Co., Ltd. Commercial Bank  Bank of CommunicationsJun 1 20061000.00
7招商银行股份有限公司China Merchants Bank Co., Ltd.Commercial Bank  Shanghai Pudong Development Bank Jun 1 20061000.00
8中信银行China CITIC Bank Corporation Limited Commercial Bank  China Construction BankSep 1 2006500.00
9恒生银行有限公司内地分行Hang Seng Bank (China) Ltd.Commercial Bank  China Construction BankSep 1 2006 300.00
10花旗银行(中国)有限公司Citibank (China)Commercial Bank  Shanghai Pudong Development Bank Sep 1 2006500.00
11兴业银行Industrial Bank Co., Ltd.Commercial Bank  China Minsheng Banking Co.,Ltd.Sep 1 2006 500.00
12英国渣打银行股份有限公司内地分行Standard Chartered ChinaCommercial Bank  Industrial and Commercial Bank of ChinaSep 1 2006 500.00
13民生银行China Minsheng Banking Co., Ltd.Commercial Bank  Industrial Bank Co.,Ltd.Sep 1 2006500.00
14中国光大银行China Everbright Bank Co., Ltd.Commercial Bank  Agricultural Bank of ChinaSep 1 2006500.00
15中国农业银行Agricultural Bank Of China Limited Commercial Bank  China Everbright BankDec 1 20061000.00
16北京银行Bank of Beijing Co., Ltd.Commercial Bank  Industrial and Commercial Bank of ChinaOct 1 2007300.00
17瑞士信贷银行股份有限公司上海分行Credit Suisse Shanghai BranchCommercial Bank  Industrial and Commercial Bank of ChinaFeb 1 2007 300.00
18南洋商业银行有限公司内地分行Nanyang Commercial Bank (China) Limited Commercial Bank  China Merchants BankMay 1 2007 300.00
19德意志银行(中国)股份有限公司Deutsche Bank (China) Co., Ltd.Commercial Bank  -Aug 1 2007 300.00
20上海浦东发展银行Shanghai Pudong Development Bank Co., Ltd.Commercial Bank  -Oct 1 2007 500.00
21中国银行(香港)有限公司内地分行Bank of China (Hong Kong)Commercial Bank  --300.00
22华安基金管理有限公司 HuaAn Fund Management Co., Ltd.Fund ManagementIndustrial and Commercial Bank of ChinaAug 1 2006 500.00
23南方基金管理有限公司China Southern Fund Management Co., Ltd.Fund ManagementIndustrial and Commercial Bank of ChinaJul 1 2007 5000.00
24华夏基金管理有限公司 China Asset Management Co.,Ltd.Fund ManagementChina Construction BankJul 1 20075000.00
25嘉实基金管理有限公司Harvest Fund Management Co., Ltd. Fund ManagementBank of ChinaJul 1 20075000.00
26上投摩根基金管理公司China International Fund Management Co., Ltd.Fund ManagementIndustrial and Commercial Bank of ChinaJul 1 2007 5000.00
27华宝兴业基金管理有限公司Fortune SGAM Fund Management Co.,Ltd.Fund ManagementChina Construction BankJul 1 2007 4000.00
28海富通基金管理有限公司Fortis Haitong Investment Management Co.,Ltd.Fund Management-Jul 1 2007 -
29工银瑞信基金管理有限公司ICBC Credit Suisse Asset Management Co. Ltd.Fund Management-Aug 1 20074000.00
30长盛基金管理有限公司Changsheng Fund Management Co.,Ltd Fund Management-Aug 1 2007 -
31汇添富基金管理有限公司China Universal Asset Management Co.,Ltd.Fund Management-Nov 1 2007-
32交银施罗德基金管理有限公司Bank of Communications Schroder Fund Management Co.,Ltd.Fund Management-Nov 1 2007 -
33易方达基金管理有限公司E Fund Management Co.,Ltd.Fund Management-Jan 1 2008-
34招商基金管理有限公司China Merchants Fund Co., Ltd. Fund Management-Jan 1 2008-
35富国基金管理有限公司Fullgoal Fund Management Co., Ltd. Fund Management-Jan 1 2008-
36博时基金管理有限公司 Bosera Asset Management Co., Ltd.Fund Management-Mar 1 2009-
37国泰基金管理有限公司Guotai Asset Management Co., LtdFund Management-Apr 1 2008-
38银华基金管理有限公司Yinhua Fund Management Co.,Ltd.Fund Management-May 1 2008 -
39诺安基金管理有限公司Lion Fund Management Co., Ltd.Fund Management-May 1 2008-
40景顺长城基金管理有限公司Invesco Great Wall Fund Management Co., Ltd.Fund Management-May 1 2008 -
41鹏华基金管理有限公司PengHua Fund Management Co., Ltd. Fund Management-Jun 1 2008 -
42友邦华泰基金管理有限公司Huatai Fund Management Co., Ltd.Fund Management-Jul 1 2008 -
43光大保德信基金管理有限公司Everbright Pramerica Fund Management Co.,Ltd.Fund Management-Aug 1 2008 -
44建信基金管理有限公司CCB Principal Asset Management Co.,Ltd.Fund Management-Aug 1 2008 -
45国海富兰克林基金管理有限公司FrankLin Templeton Sealand Fund Management Co.,Ltd.Fund Management-Sep 1 2008-
46广发基金管理有限公司GF Fund Management Co.,Ltd.Fund Management-Feb 1 2009 -
47中银基金管理有限公司Bank of China Investment Management Co., Ltd. Fund Management-Mar 1 2009 -
48泰达荷银基金管理有限公司ABN AMRO TEDA Fund Management Co., Ltd.Fund Management-May 1 2009 -
49大成基金管理有限公司DaCheng Fund Management Co., Ltd. Fund Management---
50国投瑞银基金管理有限公司UBS SDIC Fund Management---
51中国国际金融有限公司China International Capital Corporation Limited Securities Agency-Aug 1 2007 5000.00
52招商证券China Merchants securities Co., Ltd.Securities Agency-Aug 1 2007-
53中信证券CITIC Securities Co., Ltd.Securities Agency-Oct 1 2007 -
54国泰君安Guotai Junan Securities Co.,Ltd. Securities Agency-Oct 1 2007-
55华泰证券Huatai Securities Co.,Ltd.Securities Agency-Jan 1 2008 -
56东方证券Orient securities Co.,Ltd.Securities Agency-Jan 1 2008 -
57光大证券Everbright Securities Co.,Ltd.Securities Agency-Jan 1 2008 -
58海通证券Haitong Securities Co.,Ltd.Securities Agency-Jan 1 2008 -
59国信证券Guosen Securities Co.,Ltd.Securities Agency-Mar 1 2008 -
60中国人寿保险集团公司China Life Insurance(Group) CompanyInsurance CompanyBank of CommunicationsOct 1 20061500.00
61泰康人寿保险股份有限公司Taikang Life Insurance Co.,Ltd.Insurance CompanyCitibank (China)Oct 1 2006 385.00
62生命人寿保险股份有限公司Sino Life Insurance Co.,Ltd.Insurance CompanyCitibank (China)Aug 1 2007 9.00
63太平人寿保险有限公司Taiping Life Insurance Co.,Ltd.Insurance CompanyCitibank (China)Sep 1 2007 213.00
64平安保险(集团)股份有限公司Ping An Insurance (Group) Company of China, Ltd.Insurance CompanyCitibank (China)Nov 1 2007 8890.00
65中国太平洋人寿保险股份有限公司China Pacific Life Insurance Co.,Ltd.Insurance CompanyBank of CommunicationsNov 1 2007 400.00
66华泰财产保险股份有限公司Huatai Insurance Co.,Ltd.Insurance CompanyCitibank (China)Nov 1 2007 130.00
67友邦保险境内分公司American International Assurance Co. Ltd. (China)Insurance CompanyCitibank (China)Nov 1 2007 82.20
68华泰资产管理有限公司Huatai Asset Management Co.,Ltd.Insurance CompanyCitibank (China)Dec 1 2007 130.00
69金盛人寿保险有限公司AXA-Minmetals Assurance Co.,Ltd.Insurance CompanyCitibank (China)Dec 1 2007 7.50
70中国人民财产保险股份有限公司PICC Property and Casualty Co.,Ltd.Insurance CompanyJpmorgan Chase Bank Shanghai Branch-238.00
71中国人寿保险股份有限公司China Life Insurance Co.,Ltd.Insurance CompanyBank of China-1750.00
72中意人寿保险有限公司Generali China Life Insurance Co.,Ltd.Insurance CompanyBank of China-15.00
73中国人民保险集团公司The People's Insurance Company (Group) of ChinaInsurance CompanyCitibank (China)-15.00
74中国再保险(集团)公司China Reinsurance (Group) CorporationInsurance CompanyCitibank (China)-350.00
75中国太平洋保险(集团)公司China Pacific Insurance(group) Co.,Ltd.Insurance CompanyBank of Communications-67.00
76中国人民健康保险股份有限公司PICC Health Insurance Co.,Ltd.Insurance CompanyBank of China-15.00
77中国人民人寿保险股份有限公司 PICC Life Insurance Co.,Ltd.Insurance CompanyCitibank (China)-14.00
78安邦财产保险股份有限公司AnBang Insurance Co.,Ltd.Insurance CompanyIndustrial and Commercial Bank of China-65.00
79华安财产保险股份有限公司Sinosafe Insurance Co.,Ltd.Insurance CompanyAgricultural Bank of China-120.00
80渤海财产保险股份有限公司Bohai Property Insurance Co.,Ltd.Insurance CompanyCitibank (China)-5.00
81中信信托投资有限责任公司CITIC Trust Co.,Ltd.Trust Company -Aug 1 2007 -
82上海国际信托投资有限公司Shanghai International Trust Co.,Ltd.Trust Company -Aug 30 2007 -

Source: State Administration of Foreign Exchange of China
Note: As of the end of 2007, the State Administration of Foreign Exchange of China had approved US$64.5 billion of investment quota for QDIIs. The QDII scheme has been suspended since the second half of 2008, due to the global financial turmoil till May 2009.

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