Core Insights - The Shanghai Futures Exchange emphasizes the need for a secure, transparent, and resilient futures market to support the real economy amid global uncertainties [1] - The forum focused on enhancing the quality of service to the real economy through the development of the futures market [2] Group 1: Service to the Real Economy - The steel industry is facing significant challenges, with companies increasingly turning to the futures market to manage operational risks and expand sales channels [2][3] - In 2024, the Shanghai Futures Exchange reported a trading volume of 776 million contracts in steel futures, a 2.7% increase year-on-year, with rebar futures leading globally [2] Group 2: Development Strategies - The Shanghai Futures Exchange is committed to optimizing futures tools based on the needs of steel enterprises, focusing on delivery brands, warehouses, and contract continuity [3] - Future initiatives include enhancing collaboration with upstream and downstream industries to improve service precision and participation [3] Group 3: Contribution to Shanghai's Development - The Shanghai Futures Market plays a unique role in supporting the construction of Shanghai's "Five Centers," with a market scale growth of 2.7 times from 2017 to 2024 [4] - The market has opened six internationalized products and allows participation from qualified foreign investors, enhancing the global influence of "Shanghai prices" [4] Group 4: Future Outlook - Future directions for the Shanghai Futures Market include deepening financial market openness, expanding the derivatives system, and enhancing financial risk prevention capabilities [5] - The Shanghai Futures Exchange aims to develop a first-class product system and service framework that aligns with national and market conditions [6] Group 5: Risk Management and Market Efficiency - The China Financial Futures Exchange focuses on risk management and regulatory measures to stabilize the market while enhancing market efficiency [7] - Efforts are being made to optimize market mechanisms and promote high-quality development through the application of financial futures [7]