Core Viewpoint - The development of the futures and derivatives industry is crucial for building a strong financial nation, as emphasized by Yang Guang during the 2025 China (Zhengzhou) International Futures Forum [1] Group 1: Industry Development and Strategic Goals - The Central Financial Work Conference in October 2023 highlighted the strategic goal of accelerating the construction of a financial strong nation, with "building strong financial institutions" as one of the six core elements [1] - The futures and derivatives market plays a vital role in price discovery, risk management, and resource allocation, which heavily relies on specialized financial institutions and intermediary services [1] - Cultivating internationally competitive futures and derivatives financial institutions is essential for constructing a robust financial market and serving national strategies [1] Group 2: Technological Advancements and Market Internationalization - Futures companies are actively leveraging intelligent technologies to promote industry transformation and upgrade, significantly enhancing research quality, settlement efficiency, and risk control capabilities [1] - The internationalization of China's futures market is progressing, with large futures companies expanding their overseas businesses, which have become new profit growth points [1] - The business scope of these companies is diversifying from traditional brokerage to clearing, asset management, and over-the-counter derivatives [1] Group 3: Regulatory Support and Policy Measures - The State Council's Office has forwarded several policy measures to support the innovative development of futures companies, including improving functional positioning and enhancing business regulation and innovation [2] - The policies aim to support qualified futures companies in broadening capital supplementation channels and enhancing their comprehensive strength and risk resistance [2] - The focus is also on promoting the linkage between futures and the real economy, providing better derivative services to enterprises [2] Group 4: Future Initiatives and Industry Self-Regulation - The China Futures Association plans to strengthen industry self-regulation by developing comprehensive rules covering governance, compliance, risk management, and customer service [2][3] - Encouraging innovation in business, products, and service models is a priority, along with enhancing communication with regulatory bodies to create a favorable policy environment [3] - The association aims to improve service capabilities by understanding enterprise needs and providing customized risk management and financial services [3] Group 5: Talent Development and International Cooperation - There is a focus on cultivating high-end talent with international perspectives and expertise, establishing partnerships with universities and research institutions for talent development [3] - Promoting international exchanges and cooperation is essential for learning from advanced foreign experiences and technologies to enhance the competitiveness of China's futures industry [3] Group 6: Industry Promotion and Cultural Development - Increasing public awareness and recognition of the futures and derivatives market is crucial, along with promoting successful case studies that demonstrate the industry's contribution to the real economy [3] - Strengthening the cultural construction of the futures industry by adhering to principles of compliance, integrity, professionalism, stability, and responsibility is emphasized [4]