日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

First crude oil futures market to open in FTZ

By Wei Tian in Shanghai | China Daily | Updated: 2013-12-11 07:06

In a major step to build a more internationalized trading platform in the area, a senior FTZ official announced on Tuesday that China's first foray into trading crude oil futures will take place next spring in the China (Shanghai) Pilot Free Trade Zone.

"The first crude oil futures market will be launched at the Shanghai International Energy Trade Center in the FTZ in March or April next year," Dai Haibo, deputy director of the FTZ administration committee, said in a briefing to the city's legislators.

With a registered capital of 5 billion yuan ($820 million), the center is by far the largest financial company set up in the FTZ. It is jointly financed by the Shanghai Futures Exchange and Shanghai Futures Information Technology Co Ltd and was launched in Nov 22.

Dealing with listed transactions, settlements and delivery services for energy products such as crude oil, gas and petrochemicals the center aims to set up a platform for both spot and futures transactions.

Lu Feng, a senior director at the Shanghai Futures Exchange, said in Shenzhen last week that the launch of a crude oil futures market in FTZ will pave the way for the internationalization of the country's futures market.

Crude oil futures are still absent from most Asian markets despite multiple attempts to set them up, Lu said.

"Asia lacks a benchmark market to reflect the supply-demand relations in Asian countries, and this is a good opportunity for China," Lu was quoted by the Securities Times as saying.

Lu added that crude oil trading faces many restrictions in the Chinese market, but it's a popular market in other countries such as the United States. Crude oil is a very liquid and widely traded product worldwide, and thus it is a good choice for testing the waters, he said.

Dai said that Shanghai's capital market, which has a 600-trillion-yuan trading volume, is now largely geared toward domestic investors, but it will become more internationalized after the launch of the FTZ.

Also at the briefing, Dai said that the country's first cross-border e-commerce platform would be launched in the FTZ at the end of December and that it will have more than 500 products available for customers, he said.

Since it was established at the end of September, Shanghai's FTZ has played a major role as a platform for Chinese companies wishing to invest overseas. So far, six companies registered in the zone have made overseas investments worth $310 million, Dai said.

Dai also said that 19 of the 23 policies launched to open up the services sector in the FTZ, which will include healthcare, education, telecommunication and game console companies, will be ready within a month and that "companies are queuing up to enter these sectors."

Another four policies, for transport management, shipping management and legal service companies as well as limited-license banks, are still awaiting approval from central authorities, Dai added.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 免费黄色资源 | 日韩精品黄 | 国产在线黄色 | 大色网小色网 | 国产精品久久久久久亚洲影视 | 日本在线观看一区二区三区 | 日韩裸体视频 | 亚洲视频中文字幕在线观看 | 国产福利免费在线观看 | 欧美性aaa| 亚洲第一看片 | 国产在线视频自拍 | 一区二区三区视频在线免费观看 | 黄色大片一级片 | 亚洲最大av在线 | 欧日韩不卡在线视频 | 夜夜春很很躁夜夜躁 | 亚洲午夜免费 | 99re视频在线 | 久久免费资源 | 天天天干 | 最新av在线免费观看 | 亚洲精品久久久久久久久久久 | 另类图片亚洲色图 | 免费欧美 | 国产图片区| 一区二区三区四区av | 久久久国产精品一区 | 欧美日韩成人精品 | 成人免费看片在线观看 | 性开放视频 | 亚洲天堂毛片 | 久久瑟瑟 | 狠狠夜夜 | 五月婷婷网站 | 久久99精品久久久久久 | 一级黄色片一级黄色片 | 久久人体 | 欧美日韩精品免费观看 | 国产中文字幕在线观看 | 久久久在线视频 |