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Hainan: Support Hainan Rubber Group in integrating domestic and overseas rubber spot trading systems, and explore the establishment of an internationalized digital trading platform for rubber products and derivatives.
People’s Financial News, March 16 — Recently, the “Hainan Province 14th Five-Year Plan for Accelerating Agricultural and Rural Modernization (Draft for Comments)” was publicly soliciting opinions. It mentions promoting cross-border trade in natural rubber goods and services, optimizing new international trade settlement methods, and encouraging domestic enterprises to engage in international trade of natural rubber and rubberwood. Support Hainan Rubber Group in integrating domestic and international rubber spot trading systems, explore the development of an international digital trading platform for rubber products and derivatives, and actively build marketing channels that cover the entire island, extend outside the province, and expand overseas. Promote certification of spot delivery warehouses, expand the scale of spot delivery, and achieve coordinated futures and spot trading. Explore the construction of the Hainan Free Trade Port—ASEAN Natural Rubber Integrated Market, and establish an international rubber spot trading center.