基于功能发挥与服务优化的实践与探索：商品期货赋能实体经济的多维协同机制研究

Report Industry Investment Rating - Not provided in the given content Core Viewpoints of the Report - The commodity futures market is an important part of the financial market, providing functions such as price discovery, risk management, and resource allocation to help real - enterprises operate stably, optimize resource allocation, and enhance competitiveness. Studying how to improve the service quality of the commodity futures market to the real economy is of great significance for promoting high - quality development of the real economy [2] - Although the commodity futures market has achieved remarkable results in serving the real economy, there are still short - boards. To improve its service quality, a systematic plan should be constructed from aspects such as function improvement, mechanism innovation, and ecological optimization [4][6] Summary by Relevant Catalogs Value of the Commodity Futures Market to the Real Economy - Provide risk management tools to ensure stable production and operation of enterprises. Through hedging, it helps enterprises lock in costs and prices and hedge price risks [2] - Form public and transparent price signals to optimize resource allocation. Futures prices can guide enterprises in production planning and inventory adjustment [2] - Promote industrial chain collaboration and upgrading. Standardized contracts and delivery rules can unify quality standards and promote industrial integration [3] - Serve national macro - regulation and help the economy operate smoothly. Transaction data in the futures market can provide references for government policy - making [3] Current Situation of the Commodity Futures Market Serving the Real Economy - The market has developed rapidly, with an expanding scale, rich varieties, and improved mechanisms, providing diverse risk management tools for enterprises. More enterprises are participating in the market [3] - However, there are still problems, including an incomplete variety system, low enterprise participation ability and willingness, blockages in the linkage between futures and spot markets, and high market risk - prevention pressure [4][5] Paths to Improve the Service Quality of the Commodity Futures Market to the Real Economy Optimize the Variety and Tool System - Accelerate the R & D and listing of new varieties, such as platinum, palladium, lithium hydroxide, photovoltaic component, and power futures, to meet the diversified risk management needs of the real economy [6] - Enrich trading tools, promote the R & D of derivatives like options and swaps, and optimize futures - spot combined trading tools [7] Strengthen Subject Cultivation - For institutional investors, increase cultivation efforts to optimize the investor structure, encourage the establishment of commodity futures theme investment funds, and guide them to adopt scientific investment strategies [7] - For industrial enterprises, strengthen the service system, conduct training to improve their understanding and application ability of futures tools, and optimize trading rules to reduce the participation cost of small and medium - sized enterprises [8] - For futures companies, strengthen professional capacity building, encourage R & D investment, and establish an evaluation system to improve service levels [8] Deepen Futures - Spot Linkage - Promote futures companies' risk management subsidiaries to carry out relevant businesses, develop intelligent research platforms, and strengthen the connection with the spot logistics system [9] Improve the Regulatory System - Use advanced technologies to monitor trading data, strengthen compliance supervision of relevant institutions, educate investors, and establish a complaint - handling mechanism [9] Promote Opening - up - Support qualified futures companies to set up overseas branches, strengthen cooperation with overseas exchanges, and promote the international recognition of RMB - denominated futures varieties [10] Strengthen Promotion and Talent Cultivation - Promote the functions and operation practices of the futures market to enterprises through various activities, and build a multi - level talent system [10]