Dalian Commodity Exchange: “Futures Serving The Real Economy” Training Held In Fuzhou

The “Futures Serving the Real Economy” Training for senior executives of medium and large-sized enterprises and listed companies in Fujian Province is held in Fuzhou on July 31, 2019. It is hosted by Dalian Commodity Exchange (DCE), Fujian Securities Regulatory Bureau (FSRB), the State-owned Assets Supervision and Administration Commission (SASAC) of Fujian Province and Fujian Financial Supervision Bureau (FFSB), co-organized by the Fujian Securities and Futures Association (FSFA) and the Fujian Listed Companies Association, and organized by Funeng Futures Co., Ltd. About 350 senior executives from medium-size and large enterprises, listed companies and financial institutions in Fujian take part in the training. Chen Wenjie, FSFA Secretary-General, presides over the training; FSRB Deputy Director Zhang Qing and DCE Vice President Wang Yufei deliver speeches respectively.

Wang Yufei says that as an important component of the financial system, the futures market can improve enterprises’ development quality by its price-finding, risk management and futures-spot combination functions. The risk prevention and control of medium-sized and large enterprises and listed companies with futures instruments is of remarkable significance for increasing their operation capacity. She stresses that DCE will enrich its product system, connect the over-the-counter with exchange-tradedmarkets, connect the domestic and international markets, increase the market efficiency, and expand the scope of serving the real economy. The training shows the willingness of DCE, the FSRB, the SASAC of Fujian Province and FFSB in intensifying the cooperation with all financial institutions in Fujian. Through the market cultivation and the industry service, we aim to enhance the enterprises’ capacity of using futures instruments and managing risks and contribute to the supply-side structural reform and the industrial transformation of Fujian.

The training includes five sections on the theme of “Futures Serving the Real Economy”: the “Development, Operational Features, Functions of the Futures Market”, the “Economic Trend under the New Circumstance & Opportunities and Challenges of Enterprises”, the “Investment and Risk Management Practice of Financial Institutions from the International Perspective”, the “Experience of Listed Companies Using Futures Market to Manage Risks”, and the “Value Created by Futures-Spot Combination”. The training has been welcomed and acknowledged by the trainees.