The General Office of the State Council of the People's Republic of China issued opinions on stabilizing and improving the quality of foreign trade and enhancing the function of shipping logistics services in stabilizing foreign trade.
It will step up research and promote the listing of marine freight rate and capacity futures on the Shanghai Futures Exchange and Dalian Commodity Exchange and strengthen market oversight. It will investigate and handle acts of unfair competition, illegal pricing and monopoly.
At present, the containerized freight index futures of the Shanghai Futures Exchange and containerized capacity futures of the Dalian Commodity Exchange have completed the preparation for listing.
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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