Banks and Insurers’ Participation in T-Bond Futures Trading and Strong Impetus to Financial Market Reform

• 简介：
• On February 21, the China Securities Regulatory Commission (CSRC), the Ministry of Finance, the People’s Bank of China (PBoC) and the China Banking and Insurance Regulatory Commission (CBIRC) jointly issued an announcement allowing qualified commercial banks and insurers to trade China’s Treasury bond futures at the China Financial Futures Exchange (CFFEX) in accordance with the principles of lawfulness, compliance, risk control and business sustainability. This initiative is of great importance in implementing China’s financial supply-side structural reforms, bolstering China’s capital market systems, and alleviating financial risks.