According to Article 53 of the Measures for the Administration of Futures Exchanges, the members of futures exchanges shall be enterprise legal persons or other economic organizations registered in People's Republic of China (PRC). In China, "territory" refers to the territory of People's Republic of China (PRC) (China), except Hong Kong Special Administrative Region, Macao Special Administrative Region and Taiwan Province Province where People's Republic of China (PRC) (China) has sovereignty.