Founded in 2007, the National Association of Financial Market Institutional Investors (NAFMII) seeks to propel the development of China's over-the-counter financial market, composed of an interbank bond market, an interbank lending market, a foreign exchange market, a commercial paper market and a gold market. Its members include policy banks, commercial banks, credit cooperative banks, insurance companies, securities houses, fund management companies, trust and investment companies, finance companies affiliated with corporations, credit rating agencies, accounting firms and companies in non-financial sectors.