The official micro of China Securities Regulatory Commission announced yesterday that the preparatory group of Guangzhou Futures Exchange was established. With the approval of the State Council, China Securities Regulatory Commission decided to set up a preparatory group for Guangzhou Futures Exchange to start the preparatory work for Guangzhou Futures Exchange. 10 year 10 on 9 October, the China Securities Regulatory Commission officially announced the establishment of the preparatory group in Guangzhou, marking the start of preparations for the Guangzhou Futures Exchange.
The news of 0 1 is exciting! Anyone who knows the futures industry knows that Guangzhou is the forerunner of China's futures industry and occupies a very important position in the history of China's futures development. As early as 1992, the first futures brokerage company in China was born in Guangzhou, and many futures exchanges also appeared. The number of employees and futures trading once ranked first in the country, but due to the imperfect market at that time, there was even some excessive speculation. As a result, the futures exchange in Guangzhou was also suspended during the rectification of the national futures industry starting from 1996. (According to Securities Daily) As of today, there are still 2 1 futures companies in Guangdong Province, which is second only to Shanghai. At the same time, it also has 195 futures business departments, the number of which is second only to Zhejiang. The number of futures business and employees ranks among the top in China. After being rectified for specific historical reasons, Guangzhou did not give up the dream of a futures exchange. Since about 2006, Guangdong Province and Guangzhou City have resumed the establishment of Guangzhou Futures Exchange. In recent ten years, reopening the futures exchange has not only become a necessary topic for NPC and CPPCC in Guangzhou, but also the relevant departments of Guangdong Province have continuously submitted materials to the relevant state ministries and commissions to promote the preliminary research work. (According to Futures Daily) It was not until 20 15 that the State Council issued the Notice on the Overall Plan of China (Guangdong) Pilot Free Trade Zone that the Guangzhou Futures Exchange saw a glimmer of light. At that time, it was said: research and establish an innovative futures exchange with carbon emissions as the first variety. By 20 19, the central government issued the "Guangdong-Hong Kong-Macao Greater Bay Area Planning Outline", which made it clear that the Greater Bay Area Futures Exchange settled in Guangzhou: "Support Guangzhou to build a green financial reform and innovation pilot zone, and study and set up an innovative futures exchange with carbon emissions as the first variety." In May 2020, the central bank and other four ministries and commissions jointly issued the Opinions on Financial Support for Guangdong-Hong Kong-Macao Greater Bay Area's Construction, and once again mentioned the Guangzhou Futures Exchange: studying the establishment of the Guangzhou Futures Exchange. Therefore, Guangzhou Futures Exchange is not a big gift package, but a major deployment that Guangzhou and Guangdong have been striving for for for many years and the country has been brewing for a long time. It can be said that there are many things. If the Guangzhou Futures Exchange can be established this year, it will be the first futures exchange opened by the CSRC after 14, and the breakthrough is not small. You know, the last futures exchange approved by the CSRC was the China Financial Futures Exchange established in Shanghai in 2006.