Xinhua Headlines: China launches crude oil futures trading

Photo taken on May 19, 2017 shows the Ruili station of the China-Myanmar crude oil pipeline in Ruili, southwest China's Yunnan Province. China launched trading of crude oil futures contracts at the Shanghai International Energy Exchange on Monday in its steady move of opening up the financial sector. It was the first futures contracts listed on China's mainland to overseas investors, putting domestic and foreign investors on an equal footing. (Xinhua/Yao Bing)