New varieties of corn and oil will be added to China's futures market this year

Introduction: according to China economic times, an authoritative person from the securities regulatory authority said Friday that China will launch several new futures varieties this year, including corn, oil, etc This person is in Heilongjiang Yabuli held "the second annual meeting of China Enterprise Forum" Eve to disclose this news to reporters He said that this year, China still adheres to the principle of attaching equal importance to the regulation and development of the securities market, but specifically to the stock market and the futures market, the former may place more emphasis on the regulation issues, such as increasing the punishment of illegal enterprises, further involvement of the judicial department, etc., while the latter pays more attention to the development issues, such as expanding the market scale, launching new futures varieties such as corn and oil, etc , relax market access restrictions, etc This person didn't disclose any more content, nor would he like to analyze and comment on it to the reporter, but Professor Lu Hongjun, Dean of Shanghai International Finance College, said in an interview that it is very important for China's futures market to launch two new varieties of corn and oil He said that the entry of corn into the futures market as a bulk agricultural product is a major decision for China's agricultural sector to actively respond to the impact of the world after China's accession to the WTO, which can promote the improvement of China's agricultural technology, promote the optimal allocation of land resources, improve the quality of agricultural human resources, and thus enhance the international competitiveness of China's agricultural products; as an important energy product, China's production reserves At present, the introduction of oil futures faces certain risks But he also said that China has joined the WTO, and the oil price has begun to connect with the world market It is very beneficial to launch this futures product as soon as possible, form the price mechanism of China's oil products in the futures market, and further promote the formation and improvement of the talent mechanism and the supervision mechanism (author:) share to feed Weibo share to: