Core Viewpoint - The implementation of the Futures and Derivatives Law has significantly enhanced the stability, innovation, and international appeal of China's futures market over the past three years [1][2][3]. Group 1: Market Development - The Futures and Derivatives Law has filled a legal gap in China's futures and derivatives sector, providing essential institutional support for high-quality market development [2]. - A total of 50 new futures and options products have been launched in the past three years, bringing the total number of products in the futures market to 152 [2]. - The expansion of futures and options products has improved risk management tools for enterprises and contributed to the transformation and upgrading of industries [2][8]. Group 2: Internationalization - The law has established a solid legal foundation for the internationalization of the futures market, promoting broader and deeper international engagement [3]. - As of mid-2023, the number of tradable products for Qualified Foreign Institutional Investors (QFII) and Renminbi Qualified Foreign Institutional Investors (RQFII) has reached 91, with a significant increase in the number of new products [3]. - The active trading of internationalized products reflects global recognition and trust in China's futures market [4]. Group 3: Service to the Real Economy - The futures market has actively served the real economy, with a total of 2.54 million effective clients as of the first quarter of 2023, marking a 1.8% quarter-on-quarter increase [6]. - The "insurance + futures" projects have expanded significantly, providing risk protection for farmers and supporting local agricultural products [7]. - The diversification of the futures market has led to an increase in the proportion of industry clients' positions in key products, enhancing China's pricing power in global commodity trade [8].

2022年8月1日《中华人民共和国期货和衍生品法》(以下简称"期货和衍生品法")正式实施，至今已满三 周年。三年来，我国期货市场整体运行平稳、交易活跃、业务模式持续创新，国际吸引力与影响力显著 增强。 受访人士普遍认为，三年来，在期货和衍生品法的指引下，我国期货市场深度发挥价格发现、套期保值 和资源配置三大功能，为各类实体企业提供了稳定的经营环境、有效的风险对冲工具、精准的市场决策 依据。 品种不断上新 国际化步伐提速 期货和衍生品法的出台填补了我国期货和衍生品领域的法律空白，为期货市场高质量发展提供关键制度 保障。 "期货和衍生品法明确新品种实行备案制，是期货市场的重要制度创新，具有多重积极作用。"中粮期货 副总经理杨英辉对《证券日报》记者表示，具体来看，一是简化上市流程，加速新品种推出；二是激发 市场创新活力；三是增强市场透明度与规范性；四是促进国际接轨，提升市场竞争力；五是强化风险管 理，保障市场稳定。 在此背景下，近年来，各期货交易所大幅放宽了QFII(合格境外机构投资者)、RQFII(人民币合格境外机 构投资者)可交易范围品种，加速对外开放步伐。 中国期货市场监控中心数据显示，截至今年上半年，QFI ...