The 5th (2019) West-Lake Summit on Global Alternative Investment Fund with the theme of “the financial supply-side structural reform and the development of alternative investment fund” kicked off beside the Qiantang River on May 25. At the sub-forum titled “Innovation & Integration of Alternative Investment Funds and Industry Development under the Financial Supply-side Structural Reform” held on the afternoon, Wang Weijun, Vice President of Dalian Commodity Exchange (DCE), said that institutional investment should be one of the main features of the futures market in the new development stage, and strengthening the financial supply-side structural reform requires the development of alternative investment fund and other institutional investors and optimize the structure of traders.
Wang Weijun said that strengthening the financial supply-side structural reform aims at enhancing the finance sector’s capacity of serving the real economy, thus providing high-quality and more efficient financial services for the development of the real economy. The focus of the futures market is to improve the weak points and enhance the efficiency to drive the adjustment and improvement of the futures market’s organizational structure. Apart from optimizing the market system, institutional system and product system, developing alternative investment fund and other institutional investors and improving the institutional investors’ structure are also an important part. Developing institutional investors requires a certain number and scale of institutions, including alternative investment funds, which need to keep innovating and optimizing the operation mode and standardizing market behaviors from the perspective of market rules and value pursuit and energize the futures market and the real economy.
Wang Weijun introduced DCE’s work of cementing the financial supply-side structural reform, strengthening the financial sector’s capacity of serving the real economy and preventing and defusing financial risks under the principle of “consolidating, enriching and improving” and stressed the current market regulation work of DCE.
