China is unswervingly following the path of financial development with Chinese characteristics, as outlined by General Secretary Xi Jinping in a recent speech at a provincial and ministerial level seminar. The seminar, focused on promoting high-quality financial development, provided an opportunity for leading cadres to study and implement the important speech delivered by General Secretary Xi Jinping.
During the seminar, General Secretary Xi Jinping emphasized the unique characteristics of China’s financial development path, stating that it not only follows the objective laws of modern financial development but also has distinctive features suitable for the country’s national conditions. He highlighted the Party Central Committee’s role in strengthening the overall leadership and planning of financial work, promoting the development of the financial industry, and supporting overall economic and social development.
General Secretary Xi Jinping’s speech provided a deep understanding of the challenges faced by China’s financial development, as well as the essential laws and development paths of financial work. He stressed the importance of adhering to the centralized and unified leadership of the Party Central Committee and maintaining a people-centered value orientation in financial services.
The speech also emphasized the fundamental purpose of financial services to the real economy and the importance of preventing and controlling financial risks. General Secretary Xi Jinping outlined “eight insistences” to summarize the path of financial development with Chinese characteristics, highlighting the need to seek progress while maintaining stability, promote stability by promoting stability, and firmly hold on to the bottom line of preventing systemic financial risks.
Furthermore, Xi Jinping emphasized the role of finance in the country’s modernization drive, stating that the high-quality development of finance is related to the overall development of China’s modernization. He called for leading cadres at all levels to have a deep understanding and grasp of the rich connotation, essence, and practical requirements of his speech, and to enhance financial thinking and work capabilities.
In conclusion, General Secretary Xi Jinping’s important speech at the seminar has set the tone for the path of financial development with Chinese characteristics. It emphasized the need for China to strengthen its confidence and continue to explore and improve in practice, in order to make this path wider and wider. The speech highlighted the importance of unswervingly following the path of financial development with Chinese characteristics and solidly promoting high-quality financial development in order to accelerate the construction of a financial power and create new situations in financial work in the new era.