China gives nod to industrial silicon futures, options trading

English Español Français العربية Русский

RSS

Radio TV

LANGUAGE
English Español Français العربية Русский Documentary CCTV+

Radio TV

Download

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

Guangzhou, Guangdong Province, China, December 1, 2022. /CFP

China's top securities watchdog has greenlighted the trading of industrial silicon futures and options in the Guangzhou Futures Exchange.

The introduction is conducive to improving the price formation mechanism of industrial silicon, and enhancing the risk management abilities of market players, the China Securities Regulatory Commission said in a statement on Friday.

It will also promote the development of a low-carbon economy in China, the world's largest industrial silicon producer, consumer, and exporter, the statement added.

The Guangzhou Futures Exchange, the fifth of its kind in China, was established in 2021 with a focus on products related to green and sustainable development.

Source(s): Xinhua News Agency

MORE FROM CGTN

Xi Jinping inspects Guizhou, stresses high-quality development

{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Chinese President Xi Jinping stressed the importance of adhering to high-quality development and driving growth by further deepening reform and opening up comprehensively during his inspection in southwest China's Guizhou Province from Monday to Tuesday.

China

10:55, 18-Mar-2025