China News Service, Zhengzhou, September 1 (Reporter Liu Peng) 2021 China (Zhengzhou) International Futures Forum opened on the "cloud" side on the 1st, aiming to explore new trends and new features in the development of the futures market.
Fang Xinghai, vice chairman of the China Securities Regulatory Commission, stated in his speech that the futures market should continue to open up to the outside world and pay more attention to the deep-seated connection between institutional rules and the international market.
The theme of this forum is "Based on the new stage to implement the new concept and serve the new pattern-the futures derivatives market contributes to the high-quality development of the real economy". host.
Affected by the new crown pneumonia epidemic, the main forum and sub-forums of this year's forum were held online.
Domestic and foreign experts conducted online exchanges and discussions on topics such as the economic development prospects of China and the world in the post-epidemic era, the innovative development trends of the domestic and foreign futures and derivatives industries, and the futures derivatives market serving the real economy.
Fang Xinghai said in his speech that after more than 30 years of exploration and development, China has listed 94 futures and options products, covering agricultural products, non-ferrous metals, steel, energy, chemicals, finance and other major areas of the national economy. Crude oil futures and other 9 varieties have been realized. Opening to the outside world, international influence gradually increased.
As an important part of the country's modern financial system, the futures market has played an active role.
Fang Xinghai suggested that the futures market should continue to open to the outside world, pay more attention to the in-depth docking of institutional rules and the international market, and further promote the institutional opening of the futures market. At the same time, it is necessary to strengthen cross-border supervision and law enforcement cooperation with overseas regulatory agencies to expand opening China will increase the pricing power of China’s bulk commodity market.
Dai Bohua, Deputy Governor of the Henan Provincial Government, stated in his speech that as the birthplace of the national futures market, Henan attaches great importance to the development of the futures market, making it an important task for the reform and development of the financial industry in the province, and has introduced a series of policies and measures to continue Promote the healthy and stable development of the futures market.
Mr. Xiong Jun, chairman of ZCE, said that in the first half of this year, ZCE ranked No. 7 in the total trading volume of major global futures and derivatives exchanges released by the FIA (Futures Industry Association of America), and its international influence is increasing.
Since the beginning of this year, due to factors such as the global epidemic and commodity price fluctuations, the production and operation of some entities have faced challenges.
On the same day, ZCE announced that from September 1 to December 31, the standard warehouse receipt will be exempted from the handling fee of margin.
ZCE temporarily waived the charge of standard warehouse receipts as margin handling fees, aiming to further alleviate the financial pressure of entity enterprises and better play the role of the futures market in the development of the service industry. (over)