期货和衍生品法实施 三周年 期货服务实体经济能力不断增强

Core Insights - The implementation of the Futures and Derivatives Law has significantly enhanced the stability and innovation of China's futures market over the past three years, leading to increased international appeal and influence [1][2][3] Market Development - The Futures and Derivatives Law has filled a legal gap in China's futures and derivatives sector, providing essential institutional support for high-quality market development [2] - A total of 50 new futures and options products have been launched in the past three years, bringing the total number of products in the futures market to 152 [2] - The expansion of futures and options products has improved risk management tools and strategies for enterprises, contributing to industrial transformation and enhancing national pricing power [2][8] Internationalization - The law has established a solid legal foundation for the internationalization of the futures market, promoting systematic and institutionalized openness [3] - As of mid-2023, the number of tradable products for Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII) has reached 91, with a significant increase in newly added products [3] - Active international trading of futures products reflects global recognition and trust in China's futures market, aiding enterprises in price discovery and risk management [4] Market Participation - The number of effective clients in the futures market has reached 2.54 million, showing a 1.8% quarter-on-quarter increase, with institutional participation significantly rising [6] - The total capital in the futures market is approximately 1.69 trillion yuan, marking a 3.9% increase from the end of 2024 [6] Service to the Real Economy - The "Insurance + Futures" projects have seen significant growth, with investments of 180 million yuan covering over 2.7 million acres and providing nearly 10 billion yuan in risk protection for farmers [7] - These projects are tailored to meet market demands and enhance services for small and medium-sized enterprises, modern agriculture, and green development [7][8]