The national financial work conference was held in Beijing from 14 to 15. Xi Jinping, general secretary of the CPC Central Committee, President of the State Council and chairman of the Central Military Commission, attended the meeting and delivered an important speech. He stressed that finance is an important core competitiveness of the country, and financial security is an important component of national security, and the financial system is an important basic system in economic and social development. We must strengthen party leadership over the financial work, insist on maintaining stability in the general work guideline, follow the law of financial development, focus on the service of the real economy, prevention and control of financial risks, deepen financial reform three tasks, innovate and improve financial regulation, improve the modern enterprise system, improve the financial market system, promote the construction of modern financial regulatory framework, accelerate the transformation of financial the mode of development, improve the financial law, safeguard national financial security, promoting economic and financial development, a virtuous cycle.
Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, spoke at the meeting. Yu Zhengsheng, Wang Qishan and Zhang Gaoli, member of the Standing Committee of the Political Bureau of the CPC Central Committee, attended the meeting.
In his speech, Xi Jinping stressed that the party's eighteen years ago, China's financial reform and development has made new and significant achievements. The financial industry has maintained rapid development, financial products are increasingly rich, inclusive financial services increased, financial reform in an orderly way, constantly improve the financial system, the RMB internationalization and financial opening has made new progress, financial supervision has improved, the ability to hold the systemic financial risk does not occur line enhancement.
Xi Jinping pointed out that to do a good job in financial work, we must grasp the following important principles: first, to return to the source, and to serve the economic and social development. Finance to serve the real economy as the starting point and end point, to enhance the efficiency and quality of services, bring more financial resources to the economic and social development of key areas and weak links, to better meet the financial needs of the masses in economic diversification and entities. Second, optimize the structure, improve the financial market, financial institutions, financial products system. We should adhere to the quality priority, guide the development of the financial industry in line with economic and social development, promote financing facilitation, reduce the cost of the real economy, improve the efficiency of resource allocation, and ensure the risk of controllable. Third, strengthen supervision and improve the ability to prevent and defuse financial risks. In order to strengthen the financial supervision as the key to the prevention of systemic financial risk to the bottom line, speeding up the construction of relevant laws and regulations, perfecting the corporate governance structure of financial institutions, strengthen macro Prudential management system construction, strengthen the function of supervision, pay more attention to the supervision of the behavior of. Fourth, market orientation will play a decisive role in the allocation of financial resources. We should adhere to the direction of the socialist market economy reform, deal with the relationship between the government and the market, improve the market restraint mechanism and improve the efficiency of the allocation of financial resources. We will strengthen and improve government macro control, improve market rules and strengthen discipline.
Xi Jinping stressed that finance is the lifeblood of the real economy, the service of the real economy is the bounden duty of finance, the purpose of Finance and the fundamental measure to guard against financial risks. To carry out the new development concept, establish the concept of "quality first, efficiency first", pay more attention to stock side reorganization, incremental optimization and kinetic energy conversion. We should put the development of direct financing in an important position, and form a multi-level capital market system with complete financing functions, solid foundation system, effective market supervision and effective protection of the legitimate rights and interests of investors. We should improve the structure of indirect financing, promote the strategic transformation of large state-owned banks, and develop small and medium-sized banks and private financial institutions. We should promote the insurance industry to play a long-term sound risk management and protection function. To build inclusive financial system, strengthen the small and micro enterprises, "three rural" and remote areas of financial services, and promote financial precision poverty alleviation, encouraging the development of green finance. To promote financial institutions to reduce operating costs, clean up norms intermediary business links, to avoid raising the cost of raising the real economy in disguised form.
Xi Jinping pointed out that preventing systemic financial risk is the eternal theme of financial work. To take the initiative to prevent and resolve systemic financial risks in a more important position, scientific prevention, early recognition, early warning, early detection, early treatment, to prevent and resolve risks in key areas, efforts to improve the financial security and risk emergency response mechanism. To promote economic deleveraging, firm implementation of prudent monetary policy, and deal with steady growth, structural adjustment, total control relations. To reduce state-owned enterprises as a top priority lever, do a good job dealing with "zombie enterprise" work. The local Party committee and government to establish a correct view of achievements, strict control of local government debt increment, lifelong accountability, responsibility check. We must resolutely rectification order of the market seriously disturbed the financial behavior, strictly regulate the trading behavior of financial market, standardize the integrated financial management and combination, strengthen financial supervision of Internet financial institutions, strengthen the main responsibility for risk prevention. We should strengthen the construction of social credit system and improve the financial rule of law system in line with China's national conditions.
Xi Jinping stressed the need to firmly deepen financial reform. We should optimize the financial institutions, improve state-owned financial capital management, and improve the foreign exchange market mechanism. We should improve the modern financial enterprise system, improve the corporate governance structure, optimize the ownership structure, establish an effective incentive and restraint mechanism, strengthen the internal control mechanism of risk, and strengthen the external market constraints. To strengthen the coordination of financial supervision, supervision of the completion of the short board. Establish the financial stability development committee of the State Council, strengthen the people's Bank macro Prudential Management and systematic risk prevention responsibilities. Local governments should adhere to the unified rules of the central government and strengthen the responsibility of territorial risk management under the premise of insisting on financial management, mainly the central authorities. Financial management departments should strive to cultivate dedication, dare to supervision, in supervision, strict accountability supervision spirit, formed with no risk of timely discovery is dereliction of duty, found no risk of prompt and disposal is serious dereliction of duty of supervision atmosphere. We should improve the risk monitoring, early warning and early intervention mechanisms, strengthen the overall supervision and interconnection of financial infrastructure, and promote comprehensive financial and regulatory information sharing in the financial industry.
Xi Jinping pointed out that we should expand the opening to the outside world. We should deepen the reform of the RMB exchange rate formation mechanism, steadily push forward the internationalization of the RMB, and steadily realize the convertibility of capital accounts. To actively and steadily promote the financial industry opening, reasonable arrangements for the opening sequence, speed up the establishment and improvement is conducive to the protection of the financial interests of consumers, is conducive to enhancing financial orderly competition, a mechanism conducive to the prevention of financial risks. To promote the "The Belt and Road" construction of financial innovation, improve the relevant system design.
Xi Jinping stressed that, under the new situation of financial work, we must adhere to the centralized and unified leadership of the Central Committee of the financial work, ensure the correct direction of financial reform and ensure national financial security. To implement the comprehensive and strict party management requirements, the establishment of the leadership of the financial system, and strengthen the key positions, important personnel, especially the number one supervision. We must do a good job of Party building in enterprises, strengthen the education of ideals and beliefs, strengthen party spirit education, strengthen discipline education, and strengthen the building of a clean and Honest Party conduct. To financial personnel professional training, selection, use of political quality and fine style of work, and pay special attention to the cultivation of financial talents, and strive to build a great team of high-quality financial talents have both ability and political integrity.
In his speech, Li Keqiang pointed out that we should conscientiously study, understand and implement the important speech of general secretary Xi Jinping at this meeting. Finance is weighing country, is the lifeblood of national economies. We should take the service entity economy as the basic goal, take the prevention and resolution of systemic risk as the core objective, and deepen the financial reform as the fundamental driving force to promote the virtuous cycle of economy and finance. We should make innovations in the ways and means of financial control, continue to implement a prudent monetary policy, maintain moderate growth in monetary and credit, and basically stabilize liquidity, and constantly improve the financial services to the real economy. To actively develop Inclusive Finance, and vigorously support small and micro enterprises, "three rural" and poverty alleviation and other economic and social development weaknesses, efforts to solve the financing difficulties, financing your problem. To strengthen the innovation driven development, and promote the new energy transfer financial support to support employment and other hit. Do a good job in the country's major development strategy, major reform initiatives and major projects of financial services. We should strengthen the function of the capital market to serve the real economy, actively and orderly develop equity financing, and increase the proportion of direct financing. To expand the insurance market risk protection function. To optimize the spatial allocation of financial resources and financial institutions layout, and vigorously develop small and medium-sized financial institutions, and constantly enhance the sustainability of the financial services entity economy, and strive to strengthen the real suppression. To build a strong market access, early intervention and withdrawal of the three line of defense, a better risk control, improve the financial risk responsibility mechanism, guarantee the sound operation of the financial markets, actively and steadily push forward the deleveraging, deepen the reform of state-owned enterprises, state-owned enterprises to reduce the leverage ratio as a priority among priorities, effective disposal of financial risk, to prevent moral risk, firmly hold not a systemic risk to the bottom line. To proceed from China's national conditions and promote the reform of financial supervision system, strengthen the authority and effectiveness of the financial supervision and coordination, specialization, unity, through strengthening financial supervision, all financial services should be included in the supervision, timely and effective identification and risk mitigation. We should adhere to the unified rules of the central authorities, consolidate local supervision responsibilities and strengthen financial supervision and accountability. We should adhere to the policy of independence, order, equality and security, and steadily expand two-way opening up of the financial industry. We should strengthen the rule of law, credit and talent guarantee for financial reform, development and stability, create an excellent financial ecological environment, and promote high-quality and efficient financial services to keep the economy growing at a moderate pace and moving towards the middle and high level.
The Political Bureau of the CPC Central Committee, Vice Premier Ma Kai in his concluding remarks, all localities and departments especially the financial system to effectively put ideas into the spirit of the important speech of general secretary Xi Jinping, the Party Central Committee on the work of financial decision-making arrangements, strengthen to financial work sense of responsibility and mission, firmly the service of the real economy, prevention and control of financial risks, deepen financial reform three tasks, with all regions and departments, determine priorities, clearly the main responsibility, strengthen the system construction, improve the quality of the team, to promote the healthy development of China's financial industry, to ensure that the party's policy to be implemented in the financial sector.
Beijing, Fujian, the people's Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission, the China Insurance Regulatory Commission and the ICBC are the principal comrades responsible for the general assembly.
The Political Bureau of the CPC Central Committee, Secretary of the Central Committee of the National People's Congress, the leaders, state councilor, President of the Supreme People's court, the Supreme People's Procuratorate, the relevant leaders attended the meeting of the cppcc.
All provinces, autonomous regions, municipalities and municipalities, Xinjiang production and Construction Corps, the central and state departments, the relevant people's organizations, the relevant units of the financial system, the Central Military Commission departments, the armed police force responsible comrades attended the meeting.
