Xinhua Headlines: China launches crude oil futures trading

The supertanker TI Europe is seen at a berth in Daxie port zone of Ningbo-Zhoushan Port in Ningbo, east China's Zhejiang Province, Feb. 16, 2017. 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/Huang Zongzhi)