BEIJING, Oct. 16 (Xinhua) -- Zhengzhou Commodity Exchange, one of the leading commodity exchanges in China, signed on Thursday the renewal of memorandum of understanding (MOU) with the Singapore Exchange (SGE) to further explore the development of commodities and derivatives markets, the Xinhua-run Shanghai Securities News reported on Thursday.
Under the renewal of MOU, the two parties will further enhance exchanges and cooperation in areas such as information sharing, high-level visits, education & training, organizing events, etc.
According to the report, the continued alliance will provide further exchange of futures knowledge and practices, enable the two bourses to understand each other's market better and further promote international development of Zhengzhou Commodity Exchange.
Since the signing of the first MOU in 2015, the two bourses have strived to promote exchanges and cooperation under the framework of Belt and Road Initiative.
(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)
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