CHINA / National |
China reports robust growth in futures businesses(Xinhua)Updated: 2006-12-30 19:52 DALIAN -- The year of 2006 turned out to be a big year for the development of futures business in China, according to statistics provided by the China Futures Association (CFA).
Fifty-three percent of the futures deals, or 240 million transactions, were carried out at Dalian maize and soybean Futures Exchange, up 21.35 percent on a year ago. Maize and soybean futures deals were worth 5.22 trillion yuan, up 9.99 percent on a year ago. The other three main futures markets are the Shanghai non-ferrous metals and rubber futures, Zhengzhou wheat and cotton futures in central China's Henan Province, and China's financial futures derivatives exchange. China financial futures derivatives exchange, created on September 8 this year in Shanghai, will start doing business early next year. |
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