Published On: Wed, Apr 23rd, 2014

DCE And DBPA Conduct Strategic Cooperation

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Liu Xingqiang DCE President

Liu Xingqiang DCE President

On April 18, Dalian Commodity Exchange (DCE) and Tianjin Dongjiang Bonded Port Area (DBPA) Management Committee signed the strategic cooperation agreement in Dalian, in a bid to jointly promote the smooth piloting of the futures bonded delivery business and the development of both sides.

At the signing ceremony, a DCE official pointed out that DCE has been energetically supported by DBPA Management Committee in a series of efforts such as the system designing for the bonded delivery business and the implementation of the plans. In the future, the two sides will continue the solid cooperation, start from and make full use of the LLDPE, smoothly, successfully and effectively carry out the futures bonded delivery business, constantly improve the capacity of the futures market for serving the real economy, strengthen China’s say in the competition in the international bulk commodity market, and enhance both sides’ level of transformation and upgrading as well as opening up.

An official of DBPA Management Committee said in the speech that as a big step forward for the futures delivery business, the bonded delivery is of great significance for further development and opening up of China’s futures market. With a strong consciousness of innovation and sense of responsibility for China’s futures cause, DCE has earnestly and carefully studied the bonded delivery business and finally put it into operation. In this regard, the Tianjin Party Committee and the Tianjin Government have given high priority. It is hoped that the two sides could start from and take the opportunity of the pilot of the futures bonded delivery business, improve the cooperation mechanism and deepen the cooperation contents, so as to promote the joint development of the two sides.

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