In China, a "five-in-one" futures supervision and coordination mechanism has been established in the futures market, including China Securities Regulatory Commission, local dispatched offices of China Securities Regulatory Commission, futures exchange, China Futures Market Monitoring Center and China Futures Association. China Securities Regulatory Commission shall, in accordance with laws, regulations and the authorization of the State Council, uniformly supervise and manage the national securities and futures market, maintain the order of the securities and futures market, and ensure its legal operation. The dispatched offices of the China Securities Regulatory Commission shall perform supervision and management duties according to the relevant provisions of the Regulations on the Administration of Futures Trading and the authorization of the China Securities Regulatory Commission. China futures market monitoring center shall establish and improve the futures margin monitoring mechanism, timely discover and report the futures margin risk status, and cooperate with the futures regulatory authorities to handle risk events. China's futures exchanges are not for profit, and self-discipline management is implemented in accordance with their articles of association. China Futures Association is a self-regulatory organization in the futures industry, which plays a role as a bridge and link between the government and the futures industry, serves its members and safeguards their legitimate rights and interests.