Futures to be opened up

CSRC vice-chairman says move is part of country's larger economic goals

China will open up its futures markets to the world, particularly foreign investors, to help the markets align with the national strategies for boosting the real economy, said a senior official from the country's top capital market regulator.

The government will support a futures and derivatives market that is compatible with the country's economic and social development goals as well as the need for economic risk management, said Fang Xinghai, vice-chairman of the China Securities Regulatory Commission.