The superior legal system of China's financial industry is constantly improving. The People's Bank of China (PBOC) on April 6 solicited public comments on the draft of 《Financial Stability Law of the People's Republic of China (DRAFT Financial Stability Law) 》in order to establish a long-term mechanism for maintaining financial stability.

Draft financial stability law makes it clear that the goal of maintaining financial stability is the guarantee of financial institutions, financial markets and financial infrastructure continues to play a key function, improve the financial system against the risk and the ability to service the real economy, prevent the single and local risk from developing to the systemic overall risk, as well as hold the bottom line of which systemic financial risk can not occur.

Industry professionals said the financial Stability Law will help to improve the financial stability supervision system covering the whole market and effectively safeguard security and stability of economy and finance in China. The draft of Financial Stability Law also provides directional guidance for the development of China's futures and derivatives markets, which is conducive to the healthy and stable development of the futures market.