Qatari investment authorities are applying for the status of Qualified Foreign Institutional Investor (QFII) in China and aim for an investment quota of 5 billion U.S. dollars, according to a senior Qatari official.
Mohammed Bin Saleh Al-Sada, minister of energy and industry of Qatar, said during his trip in Beijing that by applying for the QFII status, Qatar plans to invest part of its revenues generated from transferring gas to China in Chinese shares and IPOs.
Liquified natural gas transported from Qatar to China amounts to 5 million tonnes annually.
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