Xi Jinping delivered an important speech at the opening ceremony of the seminar on promoting high-quality financial development by major leading cadres at the provincial and ministerial levels

Firmly follow the path of financial development with Chinese characteristics

Promoting high-quality development of finance in China

Zhao Leji, Wang Huning, Ding Xuexiang, Li Xihan, Zheng Zheng Attend the Hosting of Cai Qi

On the morning of the 16th, a special seminar on promoting high-quality financial development for provincial and ministerial level leading cadres was held at the Central Party School (National School of Administration). We must remain confident and continue to explore and improve in practice, so that this path can become wider and wider.

Zhao Leji, Wang Huning, Ding Xuexiang, and Li Xi, members of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, as well as Vice President Han Zheng, attended the opening ceremony. Cai Qi, member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, presided over the opening ceremony.

Adhere to the fundamental purpose of serving the real economy through financial services, regard risk prevention and control as the eternal theme of financial work, promote financial innovation and development on the track of marketization and rule of law, deepen the structural reform of the financial supply side, coordinate financial openness and security, and adhere to the overall tone of seeking progress while maintaining stability. These points clarify how to view and carry out financial work in the new era and new journey, and are an organic whole that reflects the basic position, viewpoint, and method of China's characteristic financial development path.

Building a strong financial country requires long-term efforts and long-term achievements. We must accelerate the construction of a modern financial system with Chinese characteristics, establish a sound and scientific financial regulatory system, a structurally reasonable financial market system, a division of labor and cooperation financial institution system, a complete and effective financial regulatory system, a diversified and professional financial product and service system, and an independent, controllable, safe, and efficient financial infrastructure system.

Financial regulation needs to be both thorny and sharp, and the key is for the financial regulatory authorities and industry regulatory authorities to clarify their responsibilities and strengthen cooperation and cooperation. Strict law enforcement is required in various aspects such as market access, prudent supervision, and behavioral supervision, to achieve financial regulation from horizontal to edge and from vertical to bottom. Each region should focus on one area and plan for the overall situation, and implement local risk management and stability maintenance responsibilities. In the process of risk disposal, corruption must be resolutely punished and moral risks must be strictly prevented. Financial regulation is a system engineering, and financial management departments, macroeconomic regulation departments, industry regulatory departments, judicial authorities, disciplinary inspection and supervision agencies, etc. all have corresponding responsibilities. It is necessary to strengthen regulatory coordination and improve a risk disposal responsibility mechanism with consistent rights and responsibilities. Strictly crack down on financial crimes

We should focus on institutional opening to promote high-level financial opening up, implement the pre access national treatment plus negative list management system, benchmark relevant rules in the financial field in international high standard economic and trade agreements, simplify restrictive measures, enhance the transparency, stability and predictability of opening policies, regulate overseas investment and financing, and improve financial support for the joint construction of the "the Belt and Road". We need to strengthen the interconnectivity of domestic and international financial markets, improve the facilitation level of cross-border investment and financing, and actively participate in international financial regulatory reforms. We must maintain the bottom line of financial security under open conditions.

Seeking benefits through righteousness, not solely for profit; Steady and prudent, not eager for quick success and instant benefits; Adhere to integrity and innovation, and not deviate from reality to falsehood; In accordance with the law and regulations, do not act recklessly.

It is of great significance to firmly pursue the path of financial development with Chinese characteristics.

Member of the Political Bureau and Secretary of the Central Secretariat of the Communist Party of China, Vice Chairman of the Standing Committee of the National People's Congress, State Councilor, President of the Supreme People's Court, Prosecutor General of the Supreme People's Procuratorate, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference, and member of the Central Military Commission attended the opening ceremony.

The main leaders of various provinces, autonomous regions, cities, Xinjiang Production and Construction Corps, relevant departments of central and state organs, relevant people's organizations, centrally managed financial institutions, enterprises, and universities, as well as various units of the People's Liberation Army and the People's Armed Police Force, attended the seminar. Officials from the central committees of various democratic parties, the All China Federation of Industry and Commerce, and relevant parties attended the opening ceremony as observers.