China to push on with opening capital markets to foreign investors

Global investors have been spooked in recent months by a flurry of Chinese regulations targeting sectors ranging from technology to private tutoring. U.S. plans to kick non-compliant Chinese firms off American exchanges has fuelled concern.

China is studying further measures, including expanding the scope of the stock connect scheme linking China and Hong Kong and improving the Shanghai-London Stock Connect program, Yi said in a speech posted on CSRC's website. Yi said that given interwoven global markets, governments should abandon the mentality of a "zero-sum game", as companies and investors share both the boom and the doom.

Yi's speech came a day after CSRC vice chairman Fang Xinghai made similar pledges to further deregulate China's markets.

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