The China Securities Regulatory Commission has issued a draft Provisions on the Classification Evaluation of Futures Companies for public consultation, revising its existing framework for classifying and supervising futures companies. The proposals are intended to support more effective supervision, better allocation of regulatory resources and higher supervisory efficiency, while encouraging firms to operate compliantly, focus on their core business, strengthen risk management and improve services to the real economy. The 44-article draft reflects changes in futures market conditions and the futures industry in recent years. It further clarifies the point-deduction standards used in classification evaluations, optimises the point-addition standards, and simplifies the evaluation process. The regulator is soliciting feedback from the public and will further revise and finalise the rules before issuing them for implementation.