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Weng Zuliang Attends the Central Financial Work Conference

China Minmetals Corporation 2023-11-01

The central financial work conference was held in Beijing from October 30 to 31. At the meeting, Xi Jinping, General Secretary of the Communist Party of China (CPC) Central Committee, Chinese President and Chairman of the Central Military Commission, delivered an important speech. Li Qiang, Zhao Leji, Wang Huning, Cai Qi, Ding Xuexiang and Li Xi, members of the Standing Committee of the Political Bureau of the CPC Central Committee, attended the meeting. Weng Zuliang, Party Group Secretary and Chairman of China Minmetals, is also a participant.

Xi reviewed the financial work since the 18th CPC National Congress in his speech and analyzed the situations facing high-quality development of the financial sector and arranged relevant work for the current and future periods. Li Qiang made specific arrangements for the financial work.

It was stressed at the meeting that the financial sector is the lifeblood of a nation's economy and a crucial component of a country's core competitiveness. It is imperative to accelerate the building of a nation with a strong financial sector. To be specific, it is necessary to comprehensively strengthen financial regulation, improve the financial system, optimize financial services, and effectively forestall and defuse financial risks. China will remain committed to the path of financial development with Chinese characteristics and boost the high-quality development of its financial sector to provide strong support for fully building China into a strong country and achieving national rejuvenation through Chinese modernization.

It was pointed out at the meeting that since the 18th CPC National Congress, under the centralized and unified leadership of the CPC Central Committee, the financial sector has provided strong support for the country's overall economic and social development, resolutely prevented and defused major risks, and made important contributions to achieving the goal of building a moderately prosperous society in all respects, and the realization of the First Centenary Goal on schedule.

It was stressed at the meeting that now and in the near future, the work in the financial sector must be carried out by upholding and strengthening overall Party leadership, with Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as the guidance, to implement the guidelines of the 20th CPC National Congress, fully and faithfully apply the new development philosophy in all fields. It is essential for the sector to follow the underlying principle of seeking progress while maintaining stability, adhere to the path of financial development with Chinese characteristics, and accelerate the building of a modern financial system with Chinese characteristics. The sector is required to continue to meet the needs for financial services in the economic and social development and the people's increasing needs for such services, and constantly break new ground in financial work in the new era.

It was stressed at the meeting that the important speech made by General Secretary Xi Jinping answered a series of major theoretical and practical questions concerning financial development in a scientific manner. It is an important component of Xi Jinping Thought on Economy, an important innovative outcome of Marxist political economics concerning financial issues, and provides fundamental guidance for promoting the high-quality development in the financial sector on the new journey in the new era.

It was required at the meeting that all regions and departments, especially the financial sector, should further align their thoughts and actions with the guidelines of Xi's important speech and the decisions and plans of the CPC Central Committee. They should remain goal-oriented and problem-oriented, accelerate the building of the country's financial strength, and perform well in giving publicity to and implementing the gist of the meeting. They should also strengthen the training of financial professionals, and ensure that the arrangements for specific work are implemented to the letter.