Beijing is one of China's first QFLP pilot zones—second only to Shanghai, which announced its own QFLP pilot scheme at the end of 2010 and heralded QFLP pilot work in other cities. Beijing announced its QFLP policies as early as February 2011, making Beijing a pioneer city and providing guiding significance. In recent years, a new era of QFLP investment has arrived, owing to China's continuous opening-up policies and expanding foreign exchange reforms, together with the increase of China assets allocation by foreign investors. Zhuhai, Suzhou, Xiamen, Hainan, and Shenzhen have each issued or updated new QFLP policies to further attract foreign investment in China. Beijing officially released the Interim Measures on the Pilot Scheme of Qualified Foreign Limited Partners in Beijing on 6th May, 2021 (hereinafter referred to as the "New QFLP Measures"), which improves Beijing's current QFLP policies. In this article, we introduce and analyze the provisions and specific requirements of the New QFLP Measures.
