China's futures market saw robust expansion in the first half of 2026, with rising trade volumes and record-high capital inflows providing effective hedging tools for industrial firms, strongly underpinning the steady operation of the real economy.
In the half-year period, the national futures market recorded a cumulative trading volume of 5.1 billion lots and a total turnover of over 482 trillion yuan (about 71 trillion U.S. dollars), latest data released Saturday by the China Futures Association (CFA) showed.
These figures, representing year-on-year increases of about 25 percent and 42 percent, respectively, highlight the continuous broadening of the market's role in serving the real economy, as more industrial and agricultural enterprises increasingly utilize futures and options contracts for risk management amid volatility in raw material and finished product prices.
Market participation by these firms has pushed the number of active clients in China's futures market above 3 million in total. Moreover, in the first half of the year alone, 1,432 listed companies issued hedging-related announcements, an increase of more than 15 percent from a year earlier.
According to CFA officials, the trend has helped buoy the resilience and sound development of the domestic futures market.
"The futures market has remained broadly stable and continues to effectively serve its core functions, demonstrating strong resilience and vitality. To date, China's futures market has listed 167 futures and options products, covering key sectors of the national economy such as metals, energy, chemicals, agriculture and finance," said Xu Guoxin, vice president of the CFA.
China's futures market turnover rises over 40 pct in H1
China on Friday called on the United Nations Security Council (UNSC) to uphold an impartial stance on the Iranian nuclear issue and help create favorable conditions for a political settlement, as Security Council members remained sharply divided over whether the body should continue considering the matter.
At a meeting on the Iranian nuclear issue held on Friday, the representatives of China and Russia opposed continuing discussion of the Iranian nuclear issue under the Security Council's "non-proliferation" agenda item. Russia requested a procedural vote on the meeting's agenda.
China's deputy permanent representative to the United Nations, Sun Lei, noted that Security Council Resolution 2231 expired on Oct. 18, 2025, and that the related UN sanctions arrangements on Iran had also been terminated. Therefore, he said, the Security Council should conclude its consideration of the Iranian nuclear issue.
"The situation in the Middle East and the Iranian nuclear issue are now at a critical juncture. The Security Council should play a constructive role in promoting negotiations and de-escalating tensions. Certain members of the Security Council, however, are bent on pushing for a meeting under a terminated agenda item in the name of so-called 'supporting diplomatic efforts.' This not only exacerbates divisions within the Security Council but also undermines the atmosphere for negotiation and severely hampers the political settlement of the Iranian nuclear issue. China is gravely concerned over this," said Sun.
"China urges relevant countries to stop politicizing the issue at the Security Council, faithfully implement measures related to the 'Termination Day' of Resolution 2231, uphold the authority of the Security Council and the credibility of multilateral diplomacy, and create favorable conditions for a political settlement of the Iranian nuclear issue," the representative continued.
Sun said that resolving the Iranian nuclear issue requires respecting the legitimate concerns and lawful rights of all parties. Iran should continue to honor its commitment not to develop nuclear weapons, while retaining its legitimate right to the peaceful use of nuclear energy, he said.
He added that the United States should take concrete actions to help create conditions for a political settlement.
"The Security Council's immediate priority is to uphold an objective and impartial position, secure more time and space for diplomatic efforts, foster a positive atmosphere for negotiations, and avoid becoming a tool for individual countries to advance their own political agenda and exert pressure," Sun said.
The representatives of the United States, Britain and France argued that the decision by Britain, France and Germany to invoke the "snapback" sanctions mechanism under Resolution 2231 was lawful and that the Security Council should continue considering the Iranian nuclear issue.
China voted against the procedural motion on the meeting's agenda.
China urges end to political manipulation over Iran nuclear issue at UN
