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VII. Financial Industry

1. Banks, finance companies, trust companies, and currency brokerage companies
2. Insurance companies (in the case of life insurance companies, the proportion of foreign investment shall not exceed 50%)
3. Securities companies (limited to underwriting of A Shares and underwriting and trading of B Shares, H Shares, and government and corporate bonds, with the proportion of foreign investment not exceeding one third) and securities investment fund management companies (with the proportion of foreign investment not exceeding 49%)
4. Insurance brokerage companies
5. Futures companies (Chinese parties as controlling shareholders)