The year 2023 marked the first year of fully implementing the guiding principles from the 20th National Congress of the Communist Party of China (CPC). Under the strong leadership of the China Securities Regulatory Commission (CSRC) and the vigorous support of members, China Financial Futures Exchange (CFFEX) focused on facilitating China’s registration-based IPO reform and the construction of a modern capital market with Chinese characteristics. In particular, CFFEX maintained a stable and robust financial futures market and, in line with its three-year strategic plan and the “Year of Qualitative Growth” initiative, launched the 30-year CGB futures. The product system has been continuously enriched, the market functions have been gradually brought into play, the effectiveness of front-line supervision has been continuously improved, the market ecology has been continuously optimized, and the high-quality development of the financial futures market has taken a further step forward.
To recognize members that have performed outstandingly in 2023 in ensuring the safe operation of the market, facilitating the exertion of market functions, and promoting investor education, CFFEX has recently carried out the selection work of outstanding members for the year 2023. A total of 54 members have won awards including the year’s Platinum Award, Gold Award, Risk Management Award, IT Management Award, Progress Award, Market Promotion Award, and the Institutional Service Award. CFFEX extends its congratulations to all the award-winning members and looks forward to their future contribution to China’s new development paradigm and high-quality development.
Looking ahead, 2024 marks the 75th anniversary of the founding of the People’s Republic of China and a crucial year for implementing the 14th Five-Year Plan. Following the guidance of the Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, CFFEX will fully and faithfully apply the new development philosophy on all fronts and duly implement the directives of the Central Financial Work Conference, the Central Economic Work Conference, and the speech made by President Xi Jinping during his visit to Shanghai. Notably, CFFEX will focus on pursuing progress while maintaining stability and promoting stability through progress. It will be committed to making China stronger through financial services and to fulfilling its responsibilities. To support the five priorities of technology finance, green finance, inclusive finance, pension finance and digital finance, CFFEX will coordinate development and security and maintain a smooth-running financial futures market. To this end, it will effectively prevent and mitigate market risks, advance the supply-side product reform, and further improve market functioning, frontline supervision, and the market ecosystem. Together with its members, CFFEX will better tap into the potential of the futures market to accelerate the formation of a safe, open, transparent, dynamic and resilient capital market, and better serving China’s high-quality economic and social development and the Chinese modernization.
Annex:Outstanding CFFEX Members of 2023
China Financial Futures Exchange
February 27, 2024