QDII (qualified¹ domestic institutional investors²) refers to those fund management companies, securities companies and other securities institutions within the territory of China that satisfy the concerned requirements, raise funds within the territory of the PRC upon approval of the China Securities regulatory Commission, and implement³ securities investment management outside the territory of China in the form of portfolio⁴ by way of using part or all of the funds it has raised. 合格境内机构投资者是指符合有关条件，经中国证券监督管理委员会批准在中华人民共和国境内筹集资金，运用募集资金的部分或全部资金以资产组合方式进行境外证券投资管理的境内基金公司和证券公司等证券经营机构。

　　The Chinese Government is now allowing domestic investors to invest in overseas markets—securities market, bond market and money market—via qualified domestic institutional investors. 中国政府现在允许国内投资者通过合格境内机构投资者在海外的证券市场、债券市场和货币市场上投资。

　　QDII can help China link its financial market to the world and will facilitate the orderly outflow of funds from the mainland. 合格境内机构投资者有助于中国金融市场与国际接轨，便于资金从大陆有序外流。

　　Turning the QDII concept into profit is a challenge for managers of financial institutions. 对于金融机构的管理者来说，把合格境内机构投资者的概念变为利润是一项挑战。