The 34th Meeting of the 2nd Board of Directors of the Shanghai Futures Exchange was held in Shanghai on March 14, 2014. At the meeting, the board approved the work reports of the board of directors and the president, the financial budget execution report for 2013, the draft of financial budget report for 2014, etc.

It was agreed at the meeting that in the past year, the board of directors and the special committee had fulfilled their duties by centering around three core tasks of “Product Transition, Market Transition and System Transition” and giving full play to their roles of gathering strength, offering advice and serving the overall situation, and thus facilitated the reform, innovation, and transition-based development of the Exchange. In 2014, in line with the strategic objectives fixed in the 2nd “Five-year Plan” of the Exchange, the board has drawn up a work plan that goes with the market development trend and is determined to lead the Exchange to significant breakthrough in product-type innovation, intensification of open-up and development of multi-level futures market with marketization, legal governance and internationalization as the orientation.