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Current Situation, Problems and Suggestions of Agricultural Futures Market in China
- 1 Business School, University of Nottingham Ningbo China, Ningbo, China
* Author to whom correspondence should be addressed.
Abstract
The agricultural futures market occupies a central position in China's financial landscape, wielding substantial influence over the sustainable development of the national economy. Apart from its core roles in price discovery and risk management for agricultural products, this market acts as a catalyst for efficient allocation of resources and continuous financial innovation. Furthermore, it enhances market liquidity and amplifies China's global economic impact. As China's financial sector matures, the agricultural futures market will continue its dual role of bolstering agricultural prosperity and financial dynamism, despite encountering various challenges. This study explores the present state of China's agricultural futures market, evaluating metrics such as total market turnover and penetration. Analysis identifies several critical issues, including inadequate liquidity, susceptibility to market manipulation, speculative activities, and uncertain economic policies. To address these challenges, the paper proposes targeted strategies. The research outcomes carry significant implications for nurturing the sustainable and resilient growth of China's agricultural futures market.
Keywords
Agricultural futures, China, futures markets
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Cite this article
Jiang,C. (2024). Current Situation, Problems and Suggestions of Agricultural Futures Market in China. Advances in Economics, Management and Political Sciences,105,130-135.
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Volume title: Proceedings of the 3rd International Conference on Financial Technology and Business Analysis
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