China s futures market is booming with a surge in turnover in November 2023

Mondo Technology Updated on 2024-01-30

In the first eleven months of 2023, the China** market showed significant growth, with a cumulative volume of 78100 million lots, with a turnover of 5205 trillion yuan. This growth is outstanding globally, especially in the commodities market, where China accounts for more than 70% of the global total. This growth of the market not only shows its activity, but also reflects China's dominance in the global commodity market.

* The market has not only increased in quantity, but also deepened its market function, and the variety system has been continuously optimized. At present, the total number of first-class varieties has reached 131, covering many major fields of the national economy such as agricultural products, metals, energy, chemicals, shipping, and finance. The pricing influence is also growing, especially in maintaining national food and energy security.

* The market's ability to serve the real economy has also been improved, especially in serving micro, small and medium-sized enterprises and supporting rural revitalization. **The company provides personalized and refined risk management service solutions for enterprises through a variety of business models, which effectively solves the problems faced by enterprises, such as procurement costs and poor connection between supply and marketing. In addition, "the scale and coverage of the insurance+** project have been continuously expanded, providing risk management services for farmers and effectively protecting farmers' incomes."

* The market also actively promotes the construction of industry culture, strengthens the management of institutional reputation and risk control, and builds a healthy market culture ecosystem. These measures not only promote the healthy development of the market, but also provide differentiated products for the market and meet the diversified needs of the market.

Overall, the growth and development of the China** market in 2023 not only reflects the vitality of the market, but also shows its influence on a global scale. **The market has achieved its own high-quality development in the reasonable growth of quantity and effective improvement of quality, and has played an important role in serving the overall situation of the real economy. In the future, with the further deepening of market functions and the continuous optimization of the variety system, the market is expected to make greater contributions to the development of China and even the global economy.

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