Core Viewpoint - The 2026 Zhengzhou Government Work Report emphasizes the importance of the Zhengzhou Commodity Exchange (ZCE) in enhancing modern service industries and aims to transform Zhengzhou into a more internationally influential pricing center for commodities [1]. Group 1: Government Support and Strategic Goals - The report supports ZCE's collaboration with major global futures exchanges to expand its product offerings and accelerate the establishment of a futures industry park [1]. - Zhengzhou's transformation into a pricing center is seen as a key strategic layout for ensuring national food, energy, and industrial chain security, as well as supporting the rise of the central region [1]. Group 2: ZCE's Development and Market Position - ZCE has evolved over more than 30 years from a focus on agricultural products to covering significant sectors of the national economy, including energy, chemicals, textiles, and metallurgy, with 27 futures products and 20 options products [1]. - In 2022, ZCE's total trading volume and value increased by 20.26% and 4.47% year-on-year, respectively, accounting for 34.59% and 11.61% of the national market [1]. Group 3: Enhancing "Zhengzhou Price" Influence - Experts suggest that ZCE should focus on four areas to enhance the influence of "Zhengzhou Price": leveraging core product advantages, improving the spot-futures ecosystem, increasing cooperation with international exchanges, and strengthening technological and talent support [2][3]. - The goal is to establish "Zhengzhou Price" as a global standard for commodity trading and risk management tools [2]. Group 4: Product Optimization and Expansion - The report's call to "refine and expand products" indicates a dual approach: deepening existing product offerings and broadening the range of services to cover more sectors, particularly in food, energy, and emerging industries [4]. - This strategy aims to enhance the futures market's ability to serve the real economy by providing comprehensive risk management solutions across the entire industrial chain [4].