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BEIJING D.J. Augustin Jersey , Sept. 22 (Xinhua) -- China's five-year treasury bond futures opened higher on Friday, with the contract for settlement in December 2017 opening 0.03 percent higher at 97.47 yuan (about 14.8 U.S. dollars).


The contract for settlement in March 2018 opened 0.08 percent higher at 97.69 yuan. The contract for settlement in June 2018 had no trading at opening.


The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on and profit from the movements in the value of the bonds.


The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Sept. 6, 2013.


(This article is generated by Xinhua News Robot.)


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TEHRAN C.J. Wilcox Jersey , Sept. 22 (Xinhua) -- Iran's armed forces staged military parades on Friday to mark the start of the Week of Defense, commemorating Iranian sacrifices during the eight-year Iraq-Iran war in the 1980s.


The Iranian armed forces remembered the 1980-1988 war between Iraq and Iran by holding a parade in which Iran's most advanced military power and abilities are showcased.


Iran's army, the Islamic Revolution Guard Corps (IRGC) and the volunteer militia Basij forces participated in the parade.


Iran also displayed myriad of its home-made advanced missiles, including ballistic missiles, which are reported to have a range of 1 C.J. Watson Jersey ,300 km-2,000 km.


In the capital Tehran, Iranian President Hassan Rouhani said at the event that Iran will continue its missile capabilities and defense programs heedless of western pressures.


"We will develop our defensive and military power as much as necessary ..., and to this end Iran seeks no permission from anybody," he said.


He stressed that Iran's military power will be deployed for deterrent purposes.


Iran will defend the oppressed people of Yemen Bismack Biyombo Jersey , Syria, and Palestine despite the will of some arrogant powers, he maintained.


The Iranian president reiterated his despise to recent U.S. and Israel stances against the Islamic republic in the UN General Assembly.


Washington and Tel Aviv accused Tehran of destabilizing the Middle East and supporting terror, which Iranian officials vehemently rejected.


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