Qianhai to start trading natural gas

Source :Qianhai Communication Center

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Overseas investors will be able to trade natural gas at the Qianhai Mercantile Exchange in the third quarter of this year when the cross-border trading service goes online.

The Qianhai Mercantile Exchange is a spot trading platform for bulk commodities in the free trade area.

The online trading of natural gas is one of the many kinds of services that Qianhai offers to further open up during the construction of the Guangdong-Hong Kong-Macao Greater Bay Area.

Qianhai has also rolled out other policies regarding the reform and opening up in other industries such as finance, investment and the legal sector.

As of May, Qianhai has been home to 14,144 foreign-funded enterprises and 12,352 Hong Kong-funded enterprises. The contractual foreign investment in Qianhai reached US$128.59 billion and the actual foreign investment used amounted to US$20.7 billion.

Wang Jinxia, vice director of the Qianhai Cooperation Zone Authority, said that Qianhai will continue to expand the scope and extent of opening up to become a portal and role model of the country’s opening up in the new era.


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2020-07-16 15:37:45

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