Core Viewpoint - The forum focused on how the futures market can empower the real economy and contribute to national development, emphasizing high-quality development practices and opportunities in the futures market [1][5]. Group 1: Futures Market Development - The China Securities Regulatory Commission (CSRC) reported that there are currently 131 listed commodity futures and options in the Chinese futures market, with a year-on-year increase of 12.2% in average daily trading volume for industrial clients in 2024 [3]. - The number of listed companies participating in hedging has increased for 11 consecutive years, indicating a growing integration of futures prices into the operational management of physical enterprises [3]. - The CSRC plans to promote the listing of important energy products like liquefied natural gas and expand the commodity index system to enhance the futures market's openness [3]. Group 2: Regional Support and Policy Initiatives - The Henan Provincial Financial Office has introduced various policies to support the high-quality development of the futures market, focusing on innovation and resource aggregation [3]. - Zhengzhou is positioning itself as a key hub for connecting domestic and international bulk commodity markets, with plans to support the Zhengzhou Commodity Exchange (ZCE) in launching more futures and options products [3][4]. - The ZCE aims to optimize market supply and enhance its service capabilities while expanding its high-level openness to build a world-class exchange [4][5]. Group 3: Practical Applications and Industry Feedback - The forum included discussions on various sub-forums, such as risk management for industrial enterprises and agricultural products, highlighting the practical applications of futures in different sectors [5]. - A representative from a grain and oil enterprise noted that the "futures + spot" model has significantly reduced risk management costs, expressing a desire for more region-specific products to provide precise risk management tools for small and medium-sized enterprises [5].
2025中国(郑州)国际期货论坛开幕
Sou Hu Cai Jing·2025-08-20 10:50