12/19/2020
SHANGHAI, Dec 19 (Reuters) - China will accelerate the
rollout of futures and options for natural gas, refined oil and
peanuts to help price discovery, a senior securities regulator
said on Saturday.
Fang Xinghai, vice chairman of the China Securities
Regulatory Commission, also told a forum in Shenzhen that the
country s planned expansion of its capital markets would require
a more sophisticated financial derivative market. Currently, China s financial futures and options market is
at an early stage of development, Fang said in a speech that
was published by the China Futures Association. It far lags market participants growing needs to manage
12/19/2020
(Adds comments from Zhengzhou exchange on chicken, peanut
futures)
SHANGHAI, Dec 19 (Reuters) - China will accelerate the
rollout of new commodity futures and options including natural
gas, refined oil and peanuts as it sets out to develop its
derivatives market amid increasing demand, a senior securities
regulator said on Saturday.
Fang Xinghai, vice chairman of the China Securities
Regulatory Commission, told a forum in Shenzhen that a planned
expansion of China s capital markets would require a more
sophisticated financial derivatives market. Currently, China s financial futures and options market is
at an early stage of development, Fang said in a speech
By Reuters Staff
2 Min Read
SHANGHAI, Dec 10 (Reuters) - China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW, its solar manufacturing association said on Thursday.
China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years, said Wang Bohua, vice-chairman of the China Photovoltaic Industry Association (CPIA).
Solar capacity growth has slipped back since hitting a record 53 GW in 2017, with the state grappling with a subsidy payment backlog in excess of 200 billion yuan ($30.55 billion) as well as grid access problems for many projects.