Home News Xi Jinping presided over the tenth meeting of the Central Finance and Economics Committee, emphasizing the promotion of common prosperity in high-quality development, and coordinating the prevention and resolution of major financial risks. Li Keqiang, Wang Yang, Wang Huning, and Han Zheng attended

Xi Jinping presided over the tenth meeting of the Central Finance and Economics Committee, emphasizing the promotion of common prosperity in high-quality development, and coordinating the prevention and resolution of major financial risks. Li Keqiang, Wang Yang, Wang Huning, and Han Zheng attended

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Xinhua News Agency, Beijing, August 17th. Xi Jinping, General Secretary of the Central Committee of the Communist Party of China, State President, Chairman of the Central Military Commission, and Director of the Central Finance and Economics Commission hosted the tenth meeting of the Central Finance and Economics Commission on August 17 to study the issue of solid promotion of common prosperity, and study prevention and resolution of major issues Financial risks, to do a good job in financial stability and development. Xi Jinping made an important speech at the meeting and emphasized that common prosperity is the essential requirement of socialism and an important feature of Chinese-style modernization. It is necessary to adhere to the people-centered development philosophy and promote common prosperity in high-quality development; finance is the essence of modern economy. The core is related to development and security. It is necessary to follow the principles of marketization and rule of law, and coordinate the prevention and resolution of major financial risks.

Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee, Premier of the State Council, and Deputy Director of the Central Committee of Finance Vice Premier of the State Council and member of the Central Finance and Economics Commission Han Zheng attended the meeting.

The meeting heard reports from the National Development and Reform Commission, the Ministry of Finance, the Ministry of Human Resources and Social Security, and the Central Agricultural Office on the issue of solidly promoting common prosperity. Ministry’s report on preventing and dissolving major financial risks and doing a good job in financial stability and development.

The meeting pointed out that after the reform and opening up, our party profoundly summarized both the positive and negative historical experience, realized that poverty is not socialism, broke the traditional system of shackles, allowed some people and some regions to get rich first, and promoted the liberation and development of social productive forces. Since the 18th National Congress of the Communist Party of China, the Party Central Committee has placed the gradual realization of common prosperity for all people in a more important position, adopted effective measures to protect and improve people’s livelihood, win the battle against poverty, build a well-off society in an all-round way, and create good conditions for promoting common prosperity. . We are moving towards the second centenary goal, adapting to the changes in the main contradictions of our society, and better satisfying the people’s growing needs for a better life. We must take the promotion of common prosperity for all people as the focal point for the people’s happiness, and continue to consolidate the party’s long-term The basis of governance.

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The meeting emphasized that common prosperity is the prosperity of all people, the material and spiritual life of the people are rich, not the prosperity of a few people, nor is it uniform egalitarianism. It is necessary to promote common prosperity in stages. Encourage hard work and innovation to get rich, insist on ensuring and improving people’s livelihood in development, create more inclusive and fair conditions for people to improve their education level and enhance development ability, unblock upward flow channels, create opportunities for more people to become rich, and form participation by everyone Development environment. We must adhere to the basic economic system, based on the primary stage of socialism, adhere to the “two unshakable”, adhere to public ownership as the mainstay and the common development of multiple ownership economies, and allow some people to get rich first, get rich first, then get rich, and help second. Focus on encouraging wealthy leaders who work hard, operate legally, and dare to start a business. We must do our best to do our best, establish a scientific public policy system, and form a reasonable distribution pattern for everyone. At the same time, we must coordinate needs and possibilities, and build the protection and improvement of people’s livelihood on the basis of economic development and financial sustainability, and focus on strengthening The construction of basic, universal and comprehensive people’s livelihood guarantee. We must adhere to the gradual and orderly progress, fully assess the long-term, arduous, and complex nature of common prosperity, and encourage localities to explore effective paths in accordance with local conditions, sum up experience, and gradually push forward.

The meeting pointed out that it is necessary to adhere to the people-centered development concept, promote common prosperity in high-quality development, correctly handle the relationship between efficiency and fairness, build basic institutional arrangements for the coordination of primary distribution, redistribution, and three distributions, and increase taxation. , Social security, transfer payments, etc., adjust the intensity and accuracy, expand the proportion of middle-income groups, increase the income of low-income groups, rationally regulate high incomes, ban illegal incomes, form an olive-shaped distribution structure with large middle and small ends, and promote social justice and justice , To promote the all-round development of people, so that all people can make solid progress towards the goal of common prosperity.

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The meeting emphasized the need to improve the balance, coordination, and tolerance of development, accelerate the improvement of the socialist market economic system, enhance the balance of regional development, strengthen the coordination of industry development, and support the development of small and medium-sized enterprises. Efforts should be made to expand the size of the middle-income group, focus on key points, and implement precise policies to promote more low-income groups into the ranks of middle-income groups. It is necessary to promote the equalization of basic public services, increase inclusive human capital investment, and improve the pension and medical security system, the relief system, the housing supply and security system. It is necessary to strengthen the regulation and adjustment of high incomes, protect legal incomes in accordance with the law, rationally regulate excessively high incomes, and encourage high-income groups and enterprises to return more to the society. We must clean up and standardize unreasonable income, rectify the order of income distribution, and resolutely ban illegal income. It is necessary to protect property rights and intellectual property rights, protect legal wealth, and promote the standardized and healthy development of various types of capital. It is necessary to promote the common prosperity of the people’s spiritual life, strengthen the guidance of socialist core values, and continuously meet the diverse, multi-level, and multi-faceted spiritual and cultural needs of the people. It is necessary to strengthen the guidance of public opinion to promote common prosperity and provide a good public opinion environment for promoting common prosperity. It is necessary to promote the common prosperity of farmers and rural areas, consolidate and expand the results of poverty alleviation, comprehensively promote rural revitalization, strengthen the construction of rural infrastructure and public service systems, and improve the rural living environment.

The meeting pointed out that the 19th National Congress of the Communist Party of China regards the prevention and resolution of major risks as one of the three tough battles. Over the past few years, under the strong leadership of the Party Central Committee, the Financial Committee of the State Council has followed the basic principles of “stabilizing the overall situation, coordinating, implementing classified policies, and accurately dismantling bombs”. The policy advancement work has achieved important phased results in the battle to prevent and resolve major financial risks, maintained the bottom line of no systemic financial risks, and vigorously safeguarded the country’s economic and financial stability and the safety of the people’s property.

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The meeting emphasized that ensuring the overall stability of the economy and finance is of great significance. We must adhere to the bottom line thinking, strengthen the system concept, follow the principles of marketization and rule of law, and coordinate the prevention and resolution of major financial risks. It is necessary to consolidate the foundation of financial stability, handle the relationship between stable growth and risk prevention, consolidate the momentum of economic recovery, resolve systemic financial risks with high-quality economic development, and prevent secondary financial risks in the process of handling risks in other areas. It is necessary to implement the same responsibilities of the local party and government, consolidate the responsibilities of all parties, unblock the mechanism, clarify responsibilities, divide labor and cooperate, and form a joint force. It is necessary to implement the requirements for a comprehensive and strict governance of the party, improve the supervision ability of the cadre team of the financial system, improve the level of digital and intelligent supervision, promote the punishment of financial corruption and the prevention and control of financial risks, accelerate the reform of key areas, and do a good job in guiding public opinion in the financial market. It is necessary to strengthen the financial rule of law and infrastructure construction, deepen the construction of the credit system, and give full play to the fundamental role of credit in the identification, monitoring, management, and disposal of financial risks.

The members of the Central Finance and Economics Committee attended the meeting, and the responsible comrades of relevant departments of the central and state organs attended the meeting as non-voting delegates.

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