Financial sector to be opened further

Foreign investors may participate in China's treasury bond futures

Foreign investors may soon be allowed to participate in China's treasury bond futures market, as the securities regulator contemplates more steps to open the bond market and liberalize the interest rate system.

Fang Xinghai, vice-chairman of the China Securities Regulatory Commission, made the remarks on Friday during the Shanghai-based China Financial Futures Exchange's launch of two-year treasury bond futures.