As an important starting point for the futures industry to serve agriculture, countryside and farmers, the "insurance+futures" pilot has been written into the No.1 document of the Central Committee for many years, from "steadily expanding the insurance+futures pilot" to "expanding the insurance+futures pilot". "Insurance+futures" has become an innovative model explored and launched by China's financial market in recent years to support the development of agriculture, rural areas and farmers and serve the structural reform of agricultural supply side.
"Insurance plus futures" has played a role in ensuring farmers' planting income, but the sustainability of this model still needs to be enhanced. First of all, the enthusiasm of financial intervention in the "insurance+futures" pilot project is not high, and the government's provision of premium subsidies is a necessary condition for the sustainable development of agricultural insurance; Secondly, the acceptance and participation of agricultural business entities in "insurance+futures" needs to be improved.
Extended data:
The earliest futures market in history was Japan in the edo shogunate era. Because the price of rice at that time had a great influence on economic and military activities, rice merchants decided to buy and sell rice in stock according to the output of rice and the market's expectation of rice.
In the1970s, Chicago Mercantile Exchange and CBOT innovated many futures products, and vigorously developed many financial futures products, making financial futures the mainstream of the futures market. In the1980s, the Chicago Stock Exchange began to develop electronic trading platforms. At the end of 1990' s, there was a trend of mergers and acquisitions in various countries' exchanges.
Baidu encyclopedia-futures
People's Network-"Insurance+Futures" has a long way to go.