期货市场高水平对外开放持续推进

Core Viewpoint - The forum emphasized the importance of high-level openness in China's futures market as a key factor in enhancing the interaction between domestic and international markets, supporting national economic development, and improving the global competitiveness of China's futures market [1][2]. Group 1: Market Development and Openness - The futures market in China accounts for over 60% of the global trading volume, indicating its significant position in the international market [1]. - Continuous expansion of openness is seen as a crucial path for the futures market to achieve stability and long-term growth [1]. - The China Futures Association aims to promote high-level openness in the futures market to enhance its ability to serve the national economy and allocate global resources [1][2]. Group 2: Impact on Commodity Pricing and Risk Management - Opening up the futures market is essential for enhancing the influence of commodity prices and providing more futures and options products to the international market [2]. - The demand for risk management and pricing services from domestic and international enterprises is increasing, necessitating the provision of effective hedging tools through an open futures market [2]. - The Zhengzhou Commodity Exchange is committed to advancing openness and optimizing the institutional framework to better serve the real economy and facilitate high-quality development of the futures market [2]. Group 3: Global Market Dynamics - The increasing market volatility is testing the resilience of the global financial system, making risk management more critical [3]. - The development and innovation of China's futures market are aimed at meeting the complex and evolving risk management needs of various institutions [3]. - The consensus among participants at the forum highlighted that openness is not only an internal requirement for market development but also a key driver for stabilizing global supply chains and improving resource allocation efficiency [3].