资金量突破1.8万亿、特定品种增至24个，中国期市国际化提速

Core Viewpoint - The China Futures Association (CFA) suggests expanding the "variety pool" for futures and options to enhance the openness of the futures market, which currently holds over 60% of the global trading volume [1][2] Group 1: Market Overview - China's commodity futures market has maintained a leading position globally, with trading volume ranking first for several consecutive years [1] - As of July 2025, there are 152 futures and options products listed in China, with a continuous expansion of specific product categories since the introduction of crude oil futures in 2018 [1] Group 2: Internationalization Efforts - The Zhengzhou Commodity Exchange (ZCE) has introduced various futures and options products to foreign traders, including PTA, rapeseed oil, and peanut futures [2] - The ZCE is actively promoting the inclusion of additional polyester-related products for foreign trading, aiming to create a new trade model based on domestic pricing [2] Group 3: Financial Growth - As of July 2025, the total capital in the futures market is approximately 1.82 trillion yuan, reflecting an 11.6% increase from the end of 2024 [2] - Client equity in futures companies totals around 1.71 trillion yuan, with a notable growth of 11.2%, and a significant increase of 18.5% for general corporate clients [2] Group 4: Future Recommendations - The CFA recommends a steady expansion of the specific product pool, prioritizing mature and controllable futures and options for international access [2] - The association emphasizes the need to optimize cross-border fund settlement and bonded delivery networks to reduce institutional costs for traders [2]