China’s foreign-exchange regulator said Tuesday it will scrap investment limits for two foreign-investor investment schemes, in a bid to entice more funds into its capital markets amid rising outflow pressure.

The State Administration of Foreign Exchange said in a statement that it will abolish quotas for the Qualified Foreign Institutional Investor scheme, and its yuan-denominated sibling, the Renminbi Qualified Foreign Institutional Investor scheme, in the latest move to open up Chinese financial markets.