On July 3, 2012, the Inauguration Meeting & First Session of the Second NAFMII Financial Derivatives Committee was held smoothly in Beijing. Shi Wenchao, secretary-general of NAFMII, Feng Guanghua, deputy secretary-general of NAFMII, and Liu Jun, chairman of the Committee, attended the meeting. The meeting was presided over by Zhao Chuanxin, vice chairman of the Committee.

NAFMII elected the Second Financial Derivatives Committee according to relevant regulations of the Administrative Measures of the National Association of Financial Market Institutional Investors for Professional Committee. Secretary-General Shi Wenchao granted the letters of appointment to members of the Second Committee. On behalf of the Committee, Chairman Liu Jun said the composition of the new committee was further optimized to enable greater market coverage. Observing the uniform deployment and instruction of NAFMII, the Committee will persist in diligence, responsibility, reform and innovation, in a bid to become the most professional and authoritative “expert think tank” in the market, so as to make its due contributions to the development of the Chinese financial derivatives market.

The first meeting of the Second Financial Derivatives Committee examined and approved in principle the 2012 Working Plan of the Financial Derivatives Committee of NAFMII and the China Over-the-counter Financial Derivatives Market Development Report (2011), and conducted discussion on issues such as how to propel the development and innovation of the Chinese CRM market.