China to explore new futures products incl carbon emission, logistics; to accelerate introduction of products open to overseas investor – CSRC vice chairman

 

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Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission (CSRC) said that China will continue to enrich financial product supply, actively explore new-type products in the fields of carbon-emission, logistics as well as index products and improve the service to the real economy.

The country will use multiple measures to lower the cost for market participation and attract industrial companies’ participation with innovative services and effective increase fairness and authenticity of futures prices, said Fang.

China will continue to deepen capital market opening-up, accelerate introduction of products accessible to overseas investors, further promote participation by investors in QFII and RQFII schemes, actively explore new routes for opening up, strengthen international regulatory cooperation and increase the international influence of China’s commodity pricing, said Fang at an online futures forum on Tuesday.

he Zhengzhou Commodity Exchange will expand opening-up to overseas investors, actively promote internationalization of oil and oil seed products, study Baltic Panamax Index (BPI) index futures and promote participation of investors in QFII and RQFII schemes in Zhengzhou market’s trading and further increase the influence of major commodities’ pricing, said Xiong Jun, chairman of the Zhengzhou bourse, at a futures forum on Tuesday.

The exchange will continue to strengthen market regulation, crack down on illegal activities, curb excessive speculation and safeguard fairness of the market, said Xiong.