• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12586.41
    • RUB160.42
    • EUR14758.82
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +31°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World

    China unveils new regulations to safeguard $2.9tn in private investment funds

    China unveils new regulations to safeguard $2.9tn in private investment funds

    China has recently published regulations aimed at strengthening investor protection and promoting innovation in the country's private investment fund sector, which is estimated to be worth a staggering $2.9tn.

    The new rules, set to take effect on September 1, introduce a dedicated chapter for venture capital funds, reflecting the government's drive to encourage investment in innovative technology start-ups. The regulations were signed by Premier Li Qiang and are seen as a significant step in the continued development of China's financial markets.

    Source: Reuters

    In a joint statement released by China's securities regulator and the justice ministry, the government addressed queries from the media regarding the new rules. The regulations are designed to govern private investment funds operating under various organizational forms, including contract, company, and partnership structures. Private investment funds in China are allowed to invest in both private equity and publicly traded securities, expanding their investment scope.

    The core rules outlined in the regulations cover several key areas. These include the responsibilities of fund managers and custodians, procedures for fundraising, mechanisms for assessing risk levels, supervision of venture capital funds, and overall management and oversight. In total, the regulations comprise 62 items organized into seven chapters, as confirmed by the State Council. 

    As of May, approximately 22,000 private investment managers had registered with the Asset Management Association of China. Collectively, they oversee a staggering $2.9tn across 153,000 funds. These numbers demonstrate the immense scale and importance of the private investment fund sector in China and highlight the need for robust regulations to ensure investor protection and market stability.

    The newly introduced rules aim to provide greater clarity and transparency for fund managers, custodians, and investors, reducing risks and enhancing trust in the private investment fund sector. The regulations are part of a broader effort by Chinese authorities to refine the country's financial regulatory framework and promote sustainable and healthy growth in the financial industry.

    09.07.2023, 23:16   Comments (0)   962
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Reznikov presents main evidence for Ukraine's NATO membership

    09.07.2023, 22:38

    Turkey raises VAT and other taxes

    09.07.2023, 22:16

    Illegal currency imports from Uzbekistan rise in Russia 

    09.07.2023, 21:53

    Biden: US destroys chemical weapons stockpiles

    09.07.2023, 21:21

    Iran publicly executes two for deadly Shiraz shrine attack

    09.07.2023, 21:04

    Nine fatalities reported on India's local election day 

    09.07.2023, 20:38
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    Kazakhstan, Germany partner to build international cargo and passenger airport in Jetisu region

    Kazakhstan | 27 June, 10:30

    Senate greenlights Uzbekistan’s accession to Vienna Nuclear Liability Convention

    Uzbekistan | 27 June, 09:00

    Fitch raises Uzbekistan’s rating to ‘BB’

    Uzbekistan | 26 June, 21:59

    Uzbekistan strengthens startup ecosystem as IT Park Ventures partners with Startup Garage

    Uzbekistan | 26 June, 17:30

    Kazakhstan allocates $5.4mn to upgrade Zhezqazghan's aging heating network

    Kazakhstan | 26 June, 15:10

    Kyrgyzstan launches SDG Investor Map to boost sustainable investment and growth

    Kyrgyzstan | 26 June, 14:05

    Tajikistan, AIIB sign $2.04mn grant deal for Obigarm–Nurobod road project in first-ever PSW agreement

    Tajikistan | 26 June, 12:34

    Uzbekistan to implement project to produce methane from biogas

    Uzbekistan | 26 June, 11:30

    Uzbekistan sees 46% y/y rise in tourism as 3.1mn foreign visitors arrive in 4M25

    Uzbekistan | 26 June, 10:30

    Uzbekistan to build small hydropower plants with $150mn World Bank support

    Uzbekistan | 26 June, 09:05
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.