Wider access soon for commodity futures

China will accelerate the opening of its commodity futures market to foreign investors, which will help boost the country's pricing influence in the international commodity markets, a senior securities regulator said on Monday.

Fang Xinghai, vice-chairman of China Securities Regulatory Commission, said that the regulator will make more types of commodity futures available to overseas investors and will optimize the trading rules to further reduce their trading costs.

Fang made the remarks at the launch ceremony of the trading of technically specified rubber (TSR)20 futures at the Shanghai Futures Exchange.