In 2022, with the leadership of the China Securities Regulatory Commission (CSRC), the support of relevant ministries and commissions of the central government, and the joint efforts of market participants, China Financial Futures Exchange (CFFEX) maintained a stable, orderly, and well-functioning China government bond (CGB) futures market, which played an active role in serving the high-quality development of the bond market and the real economy. To award exemplary performance and promote market development, CFFEX recently organized the appraisal for outstanding institutions and individuals participating in the CGB futures market for the year 2022. After review and selection, 15 institutions received the Outstanding Institution Award, 3 received the Best Progress Award, and 6 received the Medium and Long-term Capital Service Award. In addition, 23 individuals nominated by the award-winning institutions received the Outstanding Trader Award.

With 2023 being the first year to comprehensively implement the guiding principles of the 20th CPC National Congress, CFFEX’s priority for the year is to pursue higher-quality development of the financial futures market. In line with the decision and arrangements of the Central Economic Work Conference, the requirements of the CSRC Annual Work Conference and the principle of “Four Awes” and “One Synergy”, CFFEX will continue to enrich the CGB futures offerings, facilitate participation by banks, insurance companies and other institutions, and guide various types of medium and long-term capital to use CGB futures in risk management. With these efforts, CFFEX aims to comprehensively promote the high-quality development of the CGB futures market, and enhance the capacity of the financial sector to serve the real economy, thus further contributing to a standardized, transparent, open, dynamic and resilient capital market.

Appendix: List of 2022 CFFEX CGB Futures Outstanding Institutions and Individuals

On February 22, China Financial Futures Exchange (CFFEX) released the list of outstanding market makers and outstanding members in market making services for the year 2022. A total of 32 market makers received Gold, Silver, and Bronze Market Maker Award for China government bond (CGB) futures and equity index options, and Outstanding Contribution Award for Market Making in New Equity Index Options. Another 25 members received Outstanding Services Award for CGB futures and equity index options market making. CFFEX hereby congratulates all award-winners and encourages all market makers to make ever-greater contributions and achievements in promoting the new development paradigm and high-quality development.

2023 is the opening year for implementing the decisions of the 20th CPC National Congress, and a crucial year for implementing the Strategic Plan of China Financial Futures Exchange (2022-2024). Embarking on a new journey, CFFEX will adhere to the Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the decisions of the 20th CPC National Congress. CFFEX will continue to strengthen its commitment to the “Four Consciousnesses”, the Four-Sphere Confidence and the “Two Upholds”; put the directives of the Central Economic Work Conference and the CSRC Annual Work Conference into action; and follow the policy of “system building, no intervention, and zero tolerance” and the principle of “Four Awes” and “One Synergy”. Breaking new grounds while keeping on the right track, CFFEX will continue to improve intrinsic stabilizing mechanisms, enhance market vibrancy and resilience and bolster the high-quality development of the financial futures market, thus contributing to building a modern capital market with Chinese characteristics.

Appendix Outstanding Market Makers and Outstanding Members in Market Making Services for 2022