Special Seminar on High-Quality Financial Development Held for Leading Cadres
A special seminar on promoting high-quality financial development for leading cadres at the provincial and ministerial levels was recently held, during which General Secretary Xi Jinping delivered a profound speech outlining the essential characteristics of developing finance with Chinese characteristics.
During the seminar, General Secretary Xi Jinping emphasized that the development path of finance with Chinese characteristics not only adheres to the objective laws of modern financial development but also includes distinctive characteristics suitable for China’s national conditions. This approach is fundamentally different from the Western financial model.
The speech by General Secretary Xi Jinping provided a comprehensive understanding of the challenges faced by China’s financial development and is seen as highly political, theoretical, targeted, and instructive. It aims to deepen the understanding of the essential laws and development paths of financial work, enhance financial work skills and risk response capabilities, and unswervingly follow the path of financial development with Chinese characteristics.
Since the 18th National Congress of the Communist Party of China, the Party Central Committee, led by Comrade Xi Jinping, has strengthened overall leadership and planning of financial work, promoting significant achievements in the financial industry and supporting overall economic and social development. The Party Central Committee has actively explored the laws of financial development in the new era, deepened the understanding of the nature of socialist finance with Chinese characteristics, and continuously promoted financial innovation, theoretical innovation, and institutional innovation.
General Secretary Xi Jinping highlighted the significance of persisting with the centralized and unified leadership of the Party Central Committee on financial work, adhering to the people-centered value orientation, and promoting financial innovation and development. It was emphasized that serving the real economy is the fundamental purpose of finance and is the blood of the real economy.
The seminar concluded with Xi Jinping noting that the development of finance in China must provide high-quality services for economic and social development. Leading cadres at all levels were called on to enhance their financial thinking and financial work capabilities and to make new and greater contributions to promoting the construction of a powerful country and the great cause of national rejuvenation with Chinese-style modernization.
The seminar’s overarching message was that the path of financial development with Chinese characteristics is at the forefront of the country’s modernization drive and will play a crucial role in China’s overall development. The seminar concluded with a call for unity around the Party Central Committee with Comrade Xi Jinping as the core and for the unwavering commitment to follow the path of financial development with Chinese characteristics.