On September 1, the China Meteorological Administration (CMA)unveils CFMis-China Financial Meteorological indexes and services (V1.0) (hereinafter referred to as "the platform") in Beijing, with the aim of deepening the integrated development of meteorology and finance, developing new quality productive forces of meteorology, and vigorously underpinning the high-quality development of the green finance.
The high-standard financial meteorological indexes oriented towards the service demand of the finance and weather-sensitive industries, can serve as an objective yardstick to measure the meteorological risks or opportunities that financial institutions and economic entities may be confronted with, and also provide reference for the future development and volatility of the financial market.