Xinhua
27 May 2023, 02:30 GMT+10
BEIJING, May 26 (Xinhua) -- China has approved the establishment of Morgan Stanley's futures company in Beijing, said the country's securities regulator Friday.
The move came as China has stepped up efforts to expand the opening-up of its futures market, the China Securities Regulatory Commission said.
China will support eligible overseas institutions to invest in domestic futures companies and continue to improve its futures market to serve the high-quality development of its real economy, the regulator said.
China's futures market has maintained steady operation in 2022, with the trading volume of its commodity futures and options accounting for 72.3 percent of the global total, said the China Futures Association.
Get a daily dose of China National News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.
More InformationWASHINGTON D.C.: The Federal Aviation Administration has said that a drone sighting disrupted some flights at Pittsburgh International Airport this ...
PORTLAND, Oregon: A federal trial has begun in Portland, Oregon examining the constitutionality of a stringent gun control law approved ...
PHILADELPHIA, Pennsylvania: Philadelphia Mayor Jim Kenney and members of the city's historical commission have been sued by a group which ...
LANSING, Michigan: Michigan's Department of Natural Resources said by a wildfire in the state has burned through more than 3 ...
ISTANBUL, Turkey: In an interview with Reuters, Willie Walsh, director-general of the International Air Transport Association, (IATA), said airlines are ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...
WASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...
TOKYO, Japan: To counter the declining national birthrate, Japan's Prime Minister Fumio Kishida pledged to double spending over the next ...
London [UK], June 9 (ANI): Ahead of the Ashes series beginning in Edgbaston on June 16, Australian batter Steve Smith ...
London [UK], June 9 (ANI): The greatest rivalry in Test cricket is The Ashes. It is played between England and ...
The external affairs minister has cleared the air about the Ukrainian president's participation in the September summitIndia, which holds the ...