Fang Xinghai: The Futures Industry Must Further Strengthen Its Determination And Confidence In Steadily Expanding High-Level Opening Up

The 2023 China (Zhengzhou) International Futures Forum opened in Zhengzhou on the morning of September 8. Fang Xinghai, Vice Chairman of the China Securities Regulatory Commission, attended the forum and delivered a speech. He said that the futures industry should further strengthen its determination and confidence in steadily expanding high-level opening up, continuously increase the influence of important commodity prices, and play its due role in helping to build a new development pattern. In the next step, we will continue to optimize the business layout of opening products. And we need to seize the favorable opportunity of changes in the international futures market, launch more specific products, steadily expand the investment scope of QFII/RQFII, continuously deepen cross-border business cooperation between exchanges, and actively explore more diversified opening paths under the premise of risk control.