Group 1 - The recent policy document emphasizes the opening of the futures market, focusing on specific domestic futures products, which is expected to enhance market development and attract more domestic and foreign investors [1] - The current global commodity pricing power is dominated by Western markets, and there is a pressing need for China to enhance its influence in the international commodity futures market to stabilize its supply chain and promote high-quality economic development [2][3] - The authorization of domestic futures product settlement prices to foreign exchanges is seen as a way to increase the international dissemination and influence of Chinese futures prices, making "Chinese prices" a significant reference in global commodity trade [2] Group 2 - The diversification of the futures market is anticipated to improve its competitiveness, transparency, and stability, necessitating a gradual exploration of suitable opening paths based on market conditions and investor needs [3] - The China Securities Regulatory Commission has been steadily promoting the opening of the futures market, with plans to expand the range of tradable products for qualified foreign institutional investors, increasing the number of futures and options products available [4] - The number of effective foreign clients in China's futures market has seen a 17% year-on-year increase, while the participation of foreign clients in trading has also grown, with a 28% increase in their positions [4] Group 3 - The opening of the futures market is directly related to China's financial market competitiveness and influence, with expectations that it will attract more international capital and promote the prosperity of the domestic financial market [5] - The increasing diversity of opening paths for the futures market is expected to broaden its service scope for the national economy and enhance the influence of "Chinese prices" in international markets [5]