The CBRC Held CPC CBRC Committee Meeting for the Study and Implementation of the Spirit of the 19th CPC National Congress

 

On the morning of October 26, Guo Shuqing, Member of the 19th CPC Central Committee, Secretary of the CPC CBRC Committee, and Chairman of the CBRC hosted an Enlarged Meeting of the CPC CBRC Committee for the study and implementation of the spirit of the 19th CPC National Congress and the first plenary session of the 19th CPC Central Committee.

 

1. Begin the study and implementation of the spirit of the 19th CPC National Congress immediately. This is the “primary political task” for the Party organizations at all levels from now on. The CPC CBRC Committee will focus on this theme by arranging a series of activities, inviting guidance specialists and holding symposiums. Party organizations at all levels within the CBRC system are supposed to organize the Party members, cadres, and staff members to study the spirit. The CBRC will combine collective study and individual study and integrate documents-study and featured symposiums in order to deepen the study within the CBRC system with CPC branch as the unit and leaders above the division-level as the key. The study of “remaining true to our original aspiration and keeping our mission firmly in mind” and “gaining a good understanding of the Party Constitution, Party regulations, General Secretary Xi Jinping’s major policy addresses and meeting Party standards” should also be organized.

 

2. Stick to the Party’s leadership in all work in a clear-cut manner. In the banking reform, development and supervision, the CBRC must obey the leadership of the Party and enhance the consciousness of the need to maintain political integrity, think in big-picture terms, uphold the leadership core, and keep in alignment. The CBRC will firmly implement the Party’s political lines and the decisions and continue to run the Committee strictly. The CBRC will stick to the Party’s leadership in the banking industry and push the banking financial institutions to strengthen Party construction.

 

3. Support the construction of a modernized economic system. The CBRC will guide the banking industry to implement the new development concept, improve the quality of financial supply, serve to deepen the supply-side structural reform, and strive to become an innovative country. More efforts will also be made to enhance the development of an open economy, support the implementation of the rural revitalization strategy and the regional coordinated development strategy and strengthen the financial security related to people’s lives so as to better meet people’s growing needs for a better life.

 

4. Take precautions against and resolve financial risks under the new situation. In accordance with the arrangements of the CPC Central Committee and under the leadership of the Financial Stability and Development Committee of the State Council, the CBRC will take the initiative to take precautions against and resolve systemic financial risks and continue to regulate the chaos in the banking industry.

 

5. Deepen the reform and opening up of the banking industry in the new era. The CBRC will improve the banking governance structure, clarify the equity relationship, regulate some shareholders’ arbitrary conducts while protecting the legitimate rights and interests of investors. The CBRC will channel efforts to steadily push forward the reform and opening up of the banking industry under the background of socialism with Chinese characteristics in the new era and continue to release the potential and vitality of the banking industry.

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Copyright: China Banking Regulatory Commission
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