The preparation work group for the establishment of the Guangzhou Futures Exchange was set up on Oct 9 by the China Securities Regulatory Commission (CSRC).
It is expected that the establishment of the Guangzhou Futures Exchange will push forward the high-quality development of the real economy, the strategic planning of the Guangdong-Hong Kong-Macao Greater Bay Area, as well as the construction of the Belt and Road.
Guangzhou released an action plan on supporting the construction of the Greater Bay Area through financial measures in September, putting forward 66 specific measures.
The city will further push forward the construction of major projects and platforms, including the establishment of the Guangzhou Futures Exchange and the Hong Kong and Macao Insurance Service Center. International commercial banks for the Greater Bay Area will also be set up in Nansha.