USEUROPEAFRICAASIA 中文双语Français
Home / Business

Planned crude oil futures may see foreign investment

By Chen Jia | China Daily | Updated: 2013-03-13 07:31

Proposal awaits approval from authorities, says NPC deputy

China's planned crude oil futures will likely see the first attempt to inject foreign investments into the mainland's commodity derivatives market, after a long absence by foreign investors, a top official at the mainland's largest futures exchange said on Wednesday.

The proposal is waiting approval from the State Council, China's cabinet, and the exchange is also in talks with the State Administration of Foreign Exchange on the matter, said Yang Maijun, president of the Shanghai Futures Exchange and a deputy of the 12th National People's Congress.

Planned crude oil futures may see foreign investment

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US