Beijing, Oct. 9 (Xinhua) - The regulator higher values โ€‹โ€‹of China announced Friday that it has decided to establish a working group for the implementation of a futures exchange in the southern city of Guangzhou.

Approved by the State Council, marks motion that the launch of the new futures exchange has entered a significant phase, the Securities Regulatory Commission of China (CSRC) said. an online statement

. the launch of the futures exchange is important for the reform and development of the futures market of the country, according to the CSRC

but also help improve development of high quality real economy, and promote the construction of the bay Area, Guangdong-Hong Kong-Macao and the belt and the road, the CSRC said. End Follow China.org.cn on Twitter and Facebook to join the conversation.ChinaNews application downloads

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Beijing  Guangdong  Guangzhou 

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