Core Viewpoint - The Guangzhou government has announced a plan to support the research and launch of electricity futures, aiming to fill the gap in domestic energy derivatives and provide risk management tools for renewable energy companies and electricity users [1][2]. Group 1: Electricity Futures Development - The plan emphasizes the exploration of launching electricity futures, which is currently a missing product in the domestic futures market, responding to long-standing industry calls for such instruments to support electricity market reforms and green energy trading needs [1][2]. - The introduction of electricity futures is seen as a significant complement to the development of China's electricity market, with international markets like the CME and ICE already utilizing such products to hedge against price volatility [2]. Group 2: New Energy Futures - The implementation plan also proposes the exploration of additional new energy futures products, potentially covering wind, solar, energy storage, and key raw materials, indicating a broader strategy to enhance the futures market in the Nansha area [2][3]. Group 3: Commodity Futures Delivery Center - The plan includes support for establishing a commodity futures delivery center in Nansha, which will enhance delivery efficiency, reduce logistics costs, and promote the development of related services such as warehousing and supply chain finance [3]. - The delivery system is crucial for transmitting futures price signals to the spot market, thereby strengthening market operations [3]. Group 4: Cross-Border Financial Services - The plan aims to facilitate higher-level cross-border financial services in Nansha, including exemptions for foreign financial professionals from certain exams and simplified registration processes, which will enhance the region's strategic position in the Guangdong-Hong Kong-Macao Greater Bay Area [4]. - The implementation of these measures is expected to break down institutional barriers for cross-border financial talent and capital flow, further integrating Nansha into the financial landscape of the Greater Bay Area [4].