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Guangzhou exchange kicks off, offering a hedge for carbon emissions trading in China s 2060 climate change goal
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April 20, 2021, 2:30 AM·4 min read
The exchange, officially opened on Monday by Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC) in the Nansha district of the Guangdong provincial capital. The exchange is the fifth financial market place in China for trading futures. The CSRC will lead the Guangzhou Futures Exchange to develop products, systems, and innovative technology to establish a futures market that can serve the real economy and green development, according to an article in the state-owned
Guangzhou Daily newspaper, posted on the Guangzhou government s website, adding that carbon emissions futures, climate-related products and commodities index futures would be considered.