BEIJING -- China further facilitated overseas institutional investors to manage foreign exchange risks in the interbank bond market, according to the State Administration of Foreign Exchange.

Overseas non-bank investors can choose from various domestic financial institutions to trade over the counter or indirectly enter the interbank foreign exchange market through the prime brokerage.

In addition to the two channels above, overseas bank investors can also directly invest in the interbank foreign exchange market.

Efforts will be made to streamline the process for overseas institutional investors to trade in the foreign exchange derivatives market, further improve the trading mechanism, optimize trading information collection and lower the transaction costs of market players.

China will deepen reform and opening up in the foreign exchange sector, and better serve the real economy and opening-up of the financial markets, according to the Administration.