The mainland might launch a program to allow Taiwan investors to use offshore yuan deposits to invest in the mainland's capital markets, Guo Shuqing, chairman of the China Securities Regulatory Commission, said on Sunday.

A similar program, known as the RMB Qualified Foreign Institutional Investor, or RQFII, was launched in Hong Kong at the end of last year with a quota of 20 billion yuan ($3.17 billion).

At present, individual investors in Taiwan can directly invest in the mainland's dollar-denominated B-share market. They can also buy yuan-denominated A shares through the QFII program.