At 9: 00 am on August 16, Tan, Vice Chairman of China Securities Regulatory Commission and Mayor of Dalian, jointly opened the market for japonica rice futures, and japonica rice futures officially landed in Dashang, adding "new recruits" to China agricultural products (0006 1) futures market, further extending the field of serving agriculture, countryside and farmers. Fang Xinghai said in his speech that japonica rice is an important grain crop in China, one of the main rations for urban and rural residents, and an important strategic material related to national food security. The introduction of japonica rice futures is an important measure for China Securities Regulatory Commission and China futures industry to serve agriculture, countryside and farmers and national food security, which is conducive to the steady operation and sustained and healthy development of industrial enterprises. After the listing of japonica rice futures, it will form a complete price discovery chain from raw materials to products together with japonica rice futures, which is of positive significance to improve the risk management tools of rice industry. The big business office should do a good job in the follow-up work, ensure the smooth listing and steady development of japonica rice futures, and effectively serve farmers and industrial customers.