Emphasizing that "financial powers should be based on a strong economic foundation, with leading global economic, technological, and comprehensive national strength, while possessing a series of key core financial elements, namely: a strong currency, a strong central bank, a strong financial institution, a strong international financial center, strong financial regulation, and a strong team of financial talents.".
Embracing the greatness of the country and effectively enhancing the mission and responsibility of accelerating the construction of a financial powerhouse
Accelerating the construction of a strong financial country is a major goal and task for the development of the financial industry in the new era and new journey. The financial system is the main force responsible for building a strong financial country. We must effectively unify our thoughts and actions with the decision-making and deployment of the Party Central Committee, deeply grasp the essence and practical requirements of building a strong financial country, continuously enhance our sense of mission and responsibility, and promote the grand blueprint to gradually become a beautiful reality.
Deeply understand that the fundamental purpose of building a financial power is to serve Chinese path to modernization. It is the biggest politics in the new era to comprehensively promote the construction of a strong country and the rejuvenation of the nation with Chinese path to modernization. The construction of a financial power is inseparable from the construction of a modern socialist power, and is subordinate to and serves Chinese path to modernization. The two are partially subordinate to the whole, and specific goals serve the overall goal. A modern power must be a financial power. Building a socialist modern power in an all-round way cannot be separated from the key support of a strong financial system. The construction of a financial power can only be realized in the great process of promoting Chinese path to modernization. The financial system must strengthen its mission, take building a strong financial country as a specific way and direct embodiment of the great cause of building a strong country and national rejuvenation, take serving Chinese path to modernization as the fundamental purpose, and resolutely implement the decisions and arrangements of the Party Central Committee with practical actions.
A profound understanding of the strategic background of building a strong financial country is to coordinate both domestic and international situations. Currently, changes in the world, times, and history are unfolding in unprecedented ways. From an international perspective, the world is experiencing unprecedented changes and accelerating evolution. The road to global economic recovery is winding and long, and the international financial environment is becoming more complex. Unstable and uncertain factors are significantly increasing. From a domestic perspective, the basic trend of China's economy rebounding and long-term improvement has not changed, and the stable and healthy development of finance has a solid foundation. At the same time, the information technology revolution, population structure changes, industrial transformation and upgrading, regional structural adjustment, and urbanization development have put forward new requirements for financial structure, services, efficiency, etc. Building a strong financial country must be based on the "two overall situations", accurately recognize changes, scientifically adapt, actively seek changes, focus on improving national competitiveness, and maintain national financial security.
A profound understanding of the necessary path to building a strong financial country is to firmly follow the path of financial development with Chinese characteristics. The financial power we want to build is a socialist financial power led by the CPC. This determines that we must take the path of developing finance with Chinese characteristics. The basic essence of the development path of finance with Chinese characteristics, namely the "Eight Adherences," is a significant achievement achieved by our party's insistence on combining the basic principles of Marxism with China's specific realities and with China's excellent traditional culture, continuously promoting innovation in financial practice, theory, and system. The path of financial development with Chinese characteristics is an unprecedented path of innovation, which not only follows the objective laws of modern financial development, but also has distinct characteristics suitable for China's national conditions. It is a correct path guided by scientific theory, has been proven in practice, and will continue to be proven in practice. We need to constantly explore and innovate in practice, so that this path can become wider and wider.
Strive to overcome difficulties and promote the construction of a strong financial country through high-quality financial development
Building a strong financial country is a complex systematic project that requires maintaining strategic composure and historical patience, continuously advancing according to phased goals, and working steadily for long-term success. At present, accelerating the construction of a financial powerhouse requires a combination of goal orientation and problem orientation, step by step solving various problems on the way forward, in order to promote high-quality financial development and consolidate the foundation of building a financial powerhouse.
To safeguard financial security through prudent and effective risk prevention and control. Adhere to the policy of "stabilizing the overall situation, coordinating overall planning, implementing classified policies, and accurately dismantling bombs", properly handle existing stocks, strictly prevent incremental growth, and effectively prevent and resolve financial risks in key areas in an orderly and effective manner. Strengthen the coordination between the central and local governments, improve risk disposal strategies and methods, strengthen the guarantee of risk disposal resources, and establish a risk disposal responsibility mechanism that is consistent in rights and responsibilities and compatible with incentives and constraints. Strengthen the prevention and control of risk sources, monitoring and early warning, improve the early correction mechanism for financial risks with hard constraints, identify, warn, expose, and dispose of risks early, and prevent small things from dragging on and big things from exploding.
To ensure the stable development of finance through strict and solid supervision. Implement full coverage of financial regulation and legally include all financial activities in regulation. According to the requirements of regulating legality more than illegality, regulating industries must manage risks, and establishing a bottom-up supervision mechanism, establish and improve a strict supervision mechanism that goes horizontally to the edge and vertically to the bottom. Enhance regulatory capabilities, timely adjust regulatory management concepts, and improve regulatory methods. Promote the regulation of "long teeth with thorns", with sharp edges and corners, strict law enforcement, and the courage to wield the sword, to ensure the "supervision of surnames". Establish a sound regulatory accountability mechanism and strengthen the supervision of regulation.
Consolidate the foundation of financial development with high-quality and efficient services. Adhere to the value orientation of putting the people at the center, take financial services for the real economy as the fundamental purpose, and continuously improve the ability level of financial services for people's well-being and economic and social development. Focus on writing five major articles. Technology finance faces challenges and supports the construction of modern industrial systems led by technological innovation, promoting the development of new quality productive forces. Green finance takes advantage of the situation, improves policies, standards, and product systems, and deeply promotes the construction of ecological civilization and green and low-carbon development. Inclusive finance provides timely assistance, continuously increasing financial support for private economy, small and medium-sized enterprises, agriculture, rural areas, and other fields, improving service guarantees and improving people's livelihoods. Establish a sound system for elderly care finance, enrich the supply of financial products and services, and increase support for the health and elderly care industry, as well as the silver economy. Seize opportunities in digital finance, accelerate the digital and intelligent transformation of finance, and improve the convenience and competitiveness of financial services.
Build a modern financial system through systematic collaborative reform. Establish a sound, scientific and stable financial regulatory system, establish a modern central banking system, and strengthen the coordination and coordination of monetary policy with other types of policies. Establish a sound and structurally reasonable financial market system, accelerate the construction of a safe, standardized, transparent, open, dynamic, and resilient capital market, and strengthen the functions of the bond market, currency market, and foreign exchange market. Establish a sound financial institution system with division of labor and cooperation, promote various types of financial institutions to adhere to their goals, return to their roots, identify their positioning, complement their advantages, and effectively enhance their competitiveness and service capabilities. Establish a sound, comprehensive, and effective financial regulatory system, comprehensively strengthen institutional supervision, behavioral supervision, functional supervision, penetrating supervision, and continuous supervision. Establish a sound and diversified professional financial product and service system, and strengthen high-quality financial services for major strategies, key areas, and weak links. Establish a sound, autonomous, controllable, safe and efficient financial infrastructure system, strengthen overall planning, and improve regulatory standards and operational requirements.
Enhancing the driving force of financial development through a higher level of openness. Focusing on institutional openness, implementing the management system of pre admission national treatment plus negative list, benchmarking relevant financial rules in international high standard economic and trade agreements, streamlining restrictive measures, and enhancing the transparency, stability, and predictability of opening policies. Strengthen the interconnection of domestic and international financial markets, and enhance the convenience level of cross-border investment and financing. Enhance the competitiveness and influence of Shanghai International Financial Center, and consolidate and enhance the status of Hong Kong as an international financial center. Adhere to high-quality development and high-level security, and maintain the bottom line of financial security under open conditions.
Maintain financial market order with strict fairness and the rule of law. Strengthen the reform, abolition, and interpretation of important laws and regulations in the financial sector, accelerate the filling of institutional gaps in emerging fields, and play the role of judicial interpretations, departmental regulations, normative documents, etc. to fill the gaps. Intensify the enforcement of financial laws and regulations, and have zero tolerance for various illegal and irregular behaviors. Optimize the credit environment in the financial sector, strengthen the collection and sharing of credit information, resolutely crack down on debt evasion and abandonment, and strengthen the professional responsibility of third-party intermediary institutions. Guide the financial system to establish a strong awareness of the rule of law, consciously respect, learn, understand, abide by, and use the law.
Rectify the industry atmosphere with Chinese characteristic financial culture. Adhere to the combination of rule of law and rule of virtue, cultivate excellent traditional Chinese culture in the financial system, and actively cultivate Chinese characteristic financial culture. Be honest and trustworthy, and do not exceed the bottom line. Adhere to the spirit of the contract, abide by market rules and professional ethics. Strive for profit through righteousness, not solely for profit. Handle the relationship between functionality and profitability, and fulfill social responsibility well. Be steady and prudent, not eager for quick success or instant benefits. Establish a correct perspective on business, performance, and risk, and do not take excessive risks beyond one's ability to bear them. To adhere to integrity and innovation, and not deviate from reality to falsehood. Focus on serving the real economy and carry out innovation, without engaging in self inflationary pseudo innovation. Ensure compliance with laws and regulations, and refrain from reckless behavior. Strictly abide by laws and regulations, and comply with regulatory requirements.
Strengthen political guidance, adhere to and strengthen the Party's comprehensive leadership over financial work
The leadership of the Party is the most essential feature of adhering to the path of financial development with Chinese characteristics and the fundamental political advantage of building a strong financial country. We must give full play to the core leadership role of the Party in overseeing the overall situation and coordinating all parties, ensure that the Party Central Committee's major policies and decision-making arrangements on financial work are fully implemented, and effectively transform the political and institutional advantages of the Party's leadership into financial governance efficiency.
Unswervingly adhere to and strengthen the centralized and unified leadership of the Party Central Committee. To fully leverage the role of the Central Financial Commission, the key is to do a good job in overall planning and coordination. To fully leverage the role of the Central Financial Work Committee, the key is to effectively strengthen the Party building in the financial system. The key to giving full play to the role of local party committees, financial committees, and financial working committees is to implement territorial responsibilities.
Persist in using the Party's innovative theory to concentrate and forge the soul.
Persistently improving the organizational system of the Party in the financial system. Efforts will be made to establish and improve a rigorous organizational system that connects the financial system from top to bottom, with strong execution, and to promote the construction of party organizations at all levels, covering various fields, and solidly implementing various links. Promote comprehensive progress and comprehensive excellence of party organizations at all levels in the financial system, continuously improve the institutionalization, standardization, and scientific level of party organization construction, effectively enhance political and organizational functions, and build grassroots party organizations into strong fortresses for effectively realizing party leadership.
We will never waver in building a loyal, clean, and responsible cadre team. Adhere to the principle of the Party managing cadres, select and strengthen the financial system cadre team according to the standards of political excellence, ability excellence, and work style excellence. Strengthen the education of ideals and beliefs among financial system cadres, and solve the overall switch problem of worldview, outlook on life, and values. Strengthen ideological refinement, political experience, practical training, and professional training to improve the purity, professionalism, and combat effectiveness of the financial team.
Constantly rectifying the "four winds" and creating a new atmosphere. Implement the main responsibility of party organizations at all levels in the financial system to comprehensively and strictly govern the party, and focus on rectifying prominent problems such as formalism and bureaucracy. Resolutely eliminate erroneous ideas such as elitism, particularism, and exceptionalism, and strengthen the cultivation of the spirit and ability of struggle. Taking the "carpet style" inspection and rectification as the work focus and entry point, we will push the comprehensive and strict governance of the Party in the financial system to a deeper level.
Continuously deepen the fight against corruption.
The mission urges people to strive forward, and the struggle is just in time. Make new and greater contributions to turning the blueprint for a strong financial country into reality by striving for excellence and taking on practical responsibilities.
The above content is sourced from People's Daily
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