Notice of RetractionInnovative Measures of the Internationalizing Development of Chinese Futures Market

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

In the context of economic globalization, the lack of staple resource-based commodity pricing power results in significant losses of China´s economy and endangering China´s economic security. One of the main reasons is the low degree of internationalization of Chinese futures market, which hindered the fulfilling its functions, leading to the deficiency of international pricing power of staple resource-based commodity. This paper analyzes the main reasons of serious lag of the internationalizing development of Chinese futures market, which has led to the deficiency of international pricing power of staple resource-based commodity, and puts forward development proposals of accelerating the internationalizing innovations of Chinese futures market and controlling the international pricing power of staple resource-based commodities, in order to facilitate Chinese futures market to better serve the stable and rapid development of national economy, and to safeguard national economic security.