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As 2009 comes to a close, I would like to extend my best wishes to you in the coming year. On behalf of the Dalian Commodity Exchange, I would like to offer my sincerest thanks to our member firms, investors and friends in the futures market at home and abroad for their attention and support to the development of China's futures industry.
2009 has been both a year of crisis and opportunity. Though the global economic meltdown threatened to impair China's economy, China weathered the storm and began the recovery. Total trading in China's futures market reached a new record level, playing an important role for related industries in cash markets to hedge their risks in the time of crisis. This clearly displays the emerging market vitality of China's futures market.
In China, there is a famous saying: "The first 90% of a task is only half the battle; only with strength of will and determination can it be completed." 2010 will be a year of transformation for China's economy. The DCE, under the guidance of the China Securities Regulatory Commission, and together with our member firms and investors will work hard to continually improve market regulations and risk prevention measures, develop new products, expand the scope of the futures market and deepen its relationships with related industries. In this way, we hope to make a greater contribution to the steady and rapid development of China's economy!
2009 has been both a year of crisis and opportunity. Though the global economic meltdown threatened to impair China's economy, China weathered the storm and began the recovery. Total trading in China's futures market reached a new record level, playing an important role for related industries in cash markets to hedge their risks in the time of crisis. This clearly displays the emerging market vitality of China's futures market.
In China, there is a famous saying: "The first 90% of a task is only half the battle; only with strength of will and determination can it be completed." 2010 will be a year of transformation for China's economy. The DCE, under the guidance of the China Securities Regulatory Commission, and together with our member firms and investors will work hard to continually improve market regulations and risk prevention measures, develop new products, expand the scope of the futures market and deepen its relationships with related industries. In this way, we hope to make a greater contribution to the steady and rapid development of China's economy!
