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As the saying goes, a severe winter forecasts an upcoming spring while people expect a bright morning after the daybreak. Going through the extraordinary year of 2011, we are now embracing the New Year of 2012 that will be full of vitality and expectations. At this moment of bidding farewell to the old and ushering in the new, on behalf of the Dalian Commodity Exchange (DCE), I would like to express the most sincere thanks to all the officials, friends, member companies and investors who have supported the development of the futures industry, and extend my New Year greetings to all of them!
The past year witnessed the complex and changeable economic conditions at home and abroad, while China had a hard task of adjustment to the economic structure under the backdrop of the turbulent international commodity and financial markets and the increasing inflation pressure in the country. Under the correct leadership of the China Securities Regulatory Commission, the DCE challenged to turn crises into opportunities by firmly implementing the instructions of the CPC Central Committee and the State Council. With an aim of better serving the real economy, the DCE, by driving the reform and innovation, launched the product of coke futures, the first of its kind ever listed in the world, propelled the infrastructure construction in term of futures products, rules and technologies, implemented the industry-friendly, member and investor-oriented guideline, intensified the market-oriented services and contributed to the economic and social development in the country in addition to ensuring the sound operation of the Dalian futures market.
In 2012, the global economy will still be grim and complex on the whole while China will face the pressures of the slowdown of economic growth and rising prices. In strict line with the central government's economic keynote of "making progress while ensuring stability" we would keep in mind the overall situation, improve the work style and enhance the working efficiency. Besides, more efforts will be made to serve our members and investors as well as the real economy and the national economy by boosting the market-oriented innovation, perfecting the market infrastructure and cementing the internal management and the team building!
DCE President & CEO 
