Xinhua Headlines: China launches crude oil futures trading

Li Qiang (L), Shanghai's Party chief, and Liu Shiyu, chairman of China Securities Regulatory Commission, hit the gong together to open the trading session of China's yuan-dominated crude oil futures contracts at the Shanghai International Energy Exchange in east China's Shanghai, March 26, 2018. China launched trading of crude oil futures contracts at the Shanghai International Energy Exchange on Monday in its steady move of opening up the financial sector. It was the first futures contracts listed on China's mainland to overseas investors, putting domestic and foreign investors on an equal footing. (Xinhua/Fang Zhe)