In early 2012, the People’s Bank of China (PBOC) released a report calling for policymakers to take advantage of a “strategic opportunity” to accelerate capital-account liberalization. Shortly after the release, QFII quotas were relaxed significantly.
2012年初，中国人民银行（PBOC）发布了一份报告呼吁决策者利用“战略机遇”来加速资本账户自由化。报告发布后不久，“合格境内投资者”的额度就被大幅放宽了。