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​China to advance internationalization of futures mkt

Xinhua Financein BEIJING
2018-11-05 14:02

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China will further push forward the internationalization of its futures market, bringing in foreign participants, and strive to earn its stand in the global financial market, according to Fang Xinghai, vice chairman of China Securities Regulatory Commission at a meeting on Thursday in Beijing.

The internationalization of China's futures market has already taken off in the first half this year, with crude oil futures and iron ore futures embarking on internationalization with growing competitiveness, China Securities Journal cited experts as saying at the meeting.

Sustainable development relies on quality improvement, and China will further refine futures evaluation system, improve futures quality to make futures market better service the real economy, said Fang. 
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