The Analysis Of The QFII Program With The Opening Securities Market In China

The QFII Program is the tool that was carried out by the country where the money can't be converted freely and capital market isn't opened to attract the foreign investment and open the capital market. With the open in some degree, the QFII Program is creating new blood for the Securities Market in China. The development of the QFII Program is the symbol with the opening for the foreign investors in the Chinese Securities Market. The development of the QFII Program is the right choice for the Securities Market in China because it should be fit for the WTO's rule.The paper introduced the content of the QFII Program and analyzed the condition for the development between the QFII Program and the economy in China. The paper draws a conclusion that the QFII Program is a better choice for our country's capital market and the opening-up. The paper also introduced these theories for the analysis: the global finance theory; the free finance theory; the opening of capital market theory and the cohesive development theory. With the introduce of the success in Taiwan's and Korea's QFII Program, the paper analyze the questions in our country's capital market and make some suggestion for it.The QFII Program is a very important step for the development of our country's capital market with the international market. The QFII Program can help our country to achieve the constant development and the cohesive social progress.