Wang Fenghai said that as an important infrastructure of the futures market, all the responsibilities of SHFE shouldered the responsibility of promoting the structural reform of the supply side of the futures market itself, and continued to make up the weaknesses, strengthen the weaknesses, be closer to the market, industry and members, improve capacity and function, and promote the construction of comprehensive and multi-level derivatives trading in accordance with the "Third Five-Year Plan" of SHFE The platform continuously enhances the international influence of pricing of relevant bulk varieties.

Specifically, the first is to continue to promote the construction of multi-level derivatives market system of "one main and two wings". In terms of "one main" - futures, strive to launch international low sulfur fuel oil futures next year, and actively promote the R&D and listing of alumina, ferrochrome, refined oil and natural gas; "one wing" - options and index derivatives, strive to launch crude oil, zinc, aluminum options and international varieties - container freight index futures next year, and accelerate the non-ferrous metal index period R & D and listing of goods and options; "another wing" - warehouse receipt platform, further enrich and improve business functions, and promote the interconnection between futures and spot, on-site and off-site, online and offline, domestic and overseas.

Second, speed up the opening up to the outside world at a high level. In addition to launching more new international varieties, we will strive to list bonded copper futures in INE next year to realize the opening of copper futures; in addition, we will explore cooperation with overseas exchanges in order routing, settlement price and commodity index authorization.

Third, deepen the reform of market operation mechanism. Launch the intraday settlement price trading mechanism (TAS), release the Marker Price and accelerate the research and development of the TAM mechanism; optimize the business plan of market makers and promote the further expansion of market making varieties; speed up the research of portfolio margin and cross platform margin preferential scheme; expand the warehouse network layout and deliverable resources.

"Based on the current development, there is still a long way to go to build a strong commodity market, and there are many difficulties to overcome, such as the laws and regulations system is not perfect, the business environment needs to be optimized, some varieties of spot market development is not enough, and the development of intermediary agencies is not enough. In the future, we will continue to work with our futures colleagues to modernize our market governance system and capacity, and actively build a standardized, transparent, open, dynamic and resilient market. " Wang Fenghai said.

王凤海表示，作为期货市场的重要基础设施，上期所有责任担负起推动期货市场自身供给侧结构性改革的重任，继续按照上期所“三五”规划，补齐短板，强化弱项，更加贴近市场、贴近产业、贴近会员，提升能力，发挥功能，推动建设综合化、多层次衍生品交易平台，不断增强相关大宗品种的定价国际影响力。

具体来说，一是持续推进“一主两翼”多层次衍生品市场体系建设。“一主”——期货方面，力争明年推出国际化低硫燃料油期货，并积极推动氧化铝、铬铁、成品油、天然气的研发上市工作；“一翼”——期权和指数类衍生品方面，力争明年推出原油、锌、铝期权以及国际化品种——集装箱运价指数期货，并加快有色金属指数期货与期权研发上市；“另一翼”——仓单平台方面，进一步丰富和完善业务功能，推动实现期货与现货、场内与场外、线上与线下、境内与境外的互联互通。

二是加快高水平对外开放。除了推出更多新国际化品种外，明年将力争在上海国际能源中心上市保税铜期货，实现铜期货的对外开放；此外，还将探索与境外交易所开展订单路由、结算价和商品指数授权合作。

三是深化市场运行机制改革。推出盘中结算价交易机制（TAS），发布日中交易参考价（Marker Price）并加快推进日中交易参考价交易（TAM）机制研发；优化做市商业务方案，推动做市品种进一步扩大；提速组合保证金以及跨平台保证金优惠方案研究；拓展仓库网络布局和可交割资源。

“基于目前发展来看，建设商品市场强国仍任重道远，有很多困难要克服，如法律法规体系还不够健全、营商环境有待优化、部分品种的现货市场发育不够、中介机构发展不足等。未来，上期所会继续与期货同仁共同努力，不断推动市场治理体系和治理能力现代化，积极打造一个规范、透明、开放、有活力、有韧性的市场。”王凤海说。