A little recognized and probably unappreciated fact about China's remarkable reform and opening-up policy of the last 40-odd years, piloted ably by the Communist Party of China (CPC), is there is more to it than attracting foreign investments and technologies to stoke development in China, investors, economists and researchers said.
Reform and opening-up, including that in the financial services industry, are also about China growing in a spirit of win-win, to benefit the rest of the world as much as itself.
Perhaps no recent policy move illustrates this point more tellingly than the one that helped introduce pilots of the Qualified Domestic Limited Partner, or QDLP, program, market mavens said.