Legal Analysis: The Ministry of Commerce, together with the Development and Reform Commission, the Ministry of Finance, the General Administration of Customs, the State Administration of Taxation, the General Administration of Market Supervision, and the Foreign Exchange Bureau, jointly issued a document and decided to launch the fifth batch of pilot market procurement trade modes in Inner Mongolia, Liaoning, Zhejiang, Anhui, Fujian, Shandong, Henan, Hubei, Guangdong, Guangxi, and Yunnan. After the expansion, the total number of pilot markets for procurement trade will reach 3 1 unit, covering eastern, central and western provinces 15. The pilot will promote the transformation and upgrading of the traditional commodity market, drive more small and medium-sized enterprises to participate in foreign trade, and help promote the formation of a new pattern of domestic and international dual-cycle development. For the first time, the newly established pilot includes the border trade commodity markets in Inner Mongolia, Guangxi and Yunnan, which will play a positive role in the development of foreign trade in border areas.

Legal basis: Article 182 of the Criminal Law of People's Republic of China (PRC) has one of the following circumstances: manipulating the securities and futures markets and affecting the trading price or volume of securities and futures. If the circumstances are serious, they shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and if the circumstances are especially serious, they shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years, and shall also be fined: concentrating their financial advantages, holding shares or position advantages, or making joint or continuous transactions by taking advantage of their information advantages; (2) colluding with others to trade securities and futures with each other at the time, price and manner agreed in advance; (3) trading securities between accounts under their actual control, or taking themselves as trading objects. (5) Using false or uncertain important information to induce investors to trade securities and futures. (6) Making comments, predictions or investment suggestions on the disclosure of securities, securities issuers and futures trading targets, and conducting reverse securities trading or related futures trading at the same time; (7) Manipulating the securities and futures markets by other means. If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.