Friday May 25, 2018
    Home > News > Economy
    Text:| Print|

    China legislative body to promote new futures products

    2013-03-13 15:02 CNTV     Web Editor: yaolan comment

    Financial reforms were also hotly debated at this month's two sessions, the Ministry of Finance says, China's fiscal policy in 2013 will include increased bond issuance and the availability of futures.

    NPC deputy, Wu Yulu, is pushing for the implementation of market regulations and systems to promote market-oriented coal futures as soon as possible.

    Wu said, "After coal futures are being sold on exchanges, the market would be guided due to an improving market system."

    The second-highest priority out of the economic proposals at the two sessions is promoting treasury bond futures.

    The Ministry of Finance has said a main feature of this year's fiscal policy is increasing bond issues and improving management system.

    Major economies around the world all have established their own treasury bond futures markets.

    Chen Han, Senior official of China Financial Futures Exchange, said, "Treasury bond futures are a simple financial instrument in the overseas market. It would be easier to increase market liquidity through listing treasury bond futures as it has relatively lower credit risk."

    Analysts say China's treasury bond futures will be listed within this year as the basic preparations have already concluded.

     

    Comments (0)

    Copyright ©1999-2011 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.

    主站蜘蛛池模板: 凤山县| 太康县| 太谷县| 衡阳市| 榆林市| 宁安市| 浦北县| 长宁区| 宿州市| 光山县| 从化市| 建水县| 永登县| 天柱县| 个旧市| 新邵县| 山阳县| 屏山县| 理塘县| 安丘市| 大连市| 司法| 黄龙县| 始兴县| 铜山县| 寻甸| 共和县| 辰溪县| 兴安盟| 民勤县| 登封市| 新平| 会昌县| 繁峙县| 遂川县| 中山市| 屏山县| 周至县| 馆陶县| 临江市| 大宁县|