The China Securities Regulatory Commission has issued a Work Plan for Optimizing the Qualified Foreign Investor (QFI) regime, setting out reform measures intended to improve entry administration and make investment operations more convenient. The plan targets implementation of the optimisation package over around two years and is positioned to increase the regime’s attractiveness to overseas medium- and long-term capital. The work plan frames the reforms around balancing financial opening with security, and pursuing a market-oriented, rules-based and international approach. It aims to support a more coordinated opening framework that links onshore and offshore channels, balances allocation-type and trading-type flows, and strengthens interaction between domestic and overseas securities, fund and futures institutions. Next, the CSRC plans to accelerate the rollout of the opening and optimisation measures under the work plan and, based on implementation progress, continue research on further enhancements to the QFI regime.