China Securities Regulatory Commission: Put the stable operation of the capital market in a more prominent position and strive to stabilize the market and confidence
Financial Industry2024-01-23 20:41:27
On January 23, Yi Huiman, Secretary and Chairman of the Party Committee of the China Securities Regulatory Commission, presided over the (larger) Party Committee meeting to convey, study and implement General Secretary Xi Jinping’s important speech at the opening ceremony of the special seminar on promoting development high-quality financial for leading cadres at the provincial and ministerial levels, and in conjunction with the spirit of the executive meeting of the State Council on January 22, study and use specific action measures for the China Securities Regulatory Commission system.
The meeting believed that the important speech of General Secretary Xi Jinping, based on the overall strategic perspective of building a strong country and national regeneration, and focusing on the theme of promoting high quality financial development, profoundly answered the question of taking good financial path. develop with Chinese characteristics, build a strong financial country, and modernize with Chinese characteristics, financial system, focus on preventing and throwing away financial risks, expand high-level financial opening to the outside world, and cultivate a financial culture with Chinese characteristics and other important theoretical and practical issues It explains how to look at and how to do financial work in the new period and the new journey It is an important step in the operation of the Central Financial Work Conference A detailed interpretation and systematic guidance of the Spirit is very important for further uniting thoughts and actions, clarifying missions and tasks, and strengthening confidence in development. The China Securities Regulatory Commission system must deeply understand the decisive significance of the “two institutions”, strengthen the “four awareness”, strengthen the “four self-confidence”, achieve “two defenses”, and further strengthen the political ability to do and job good in financial work in the new age and new journey Awareness, conscious thinking, conscious action.
The meeting emphasized that the China Securities Regulatory Commission system should integrate the study and implementation of General Secretary Xi Jinping’s important speeches and the spirit of the Central Financial Work Conference as an important political task now and in the future, further improving the sentiment and responsibility of financial service to the country, and accelerate the construction of a modern capital with a market of Chinese characteristics. First, we must firmly follow the path of the development of modern capital markets with Chinese characteristics. Focus on the most modernized Chinese-style politics, follow the general laws of the capital market, adhere to marketing and the rule of law, further improve the functions of the capital market, and continuously improve the ability to serve high-quality development. The second is to make every effort to maintain the stable functioning of the capital market. We must continue to seek progress while maintaining stability and promoting stability by promoting, placing the stable operation of the capital market in a more prominent position, and striving to stabilize the market and confidence. Vigorously improve the investment quality and value of listed companies and build a valuation system for listed companies with Chinese characteristics. Deepen the reform on the investment side, increase the access of medium and long-term funds to the market, promote the dynamic balance of investment and financing, and continuously improve the inherent stability of the stock market. Set out to foster a healthy capital market culture. The third is to further deepen the process of comprehensive reform and opening of the capital market. Promote the deepening and strengthening of the stock issuance registration system, and further improve the basic system of the capital market. Develop multi-level capital markets, standardize the development of private equity funds and venture capital, gradually promote the high-level institutional opening of the capital market, and improve the transparency, stability and predictability of opening policies. The fourth is to strengthen comprehensive supervision in accordance with the law and effectively prevent and resolve risks. Adhere to the main responsibilities and main businesses of supervision, implement the “fiscal” and angular requirements of supervision, promote the establishment of a comprehensive punishment and prevention system for anti-counterfeiting and anti-counterfeiting in the capital market, and tackle all of it. types of illegal activities with “zero tolerance”. We will make firm efforts to prevent and resolve risks in key areas and ensure the bottom line of the risks. The fifth is to deepen the party’s comprehensive and strict governance. Deepen self-revolution, seriously rectify “revolving door” shadowy, political and business shareholders, “escape resignation”, etc., and further reduce the “identity value” of personnel who have resigned. Strengthen the work of building regulatory transparency, make great efforts to eliminate the soil and conditions that breed corruption, and severely punish corruption problems behind financial risks. Adhere to the “three excellence” standards and build a team of high quality professional cadres who are loyal, clean and responsible.
Members of the Party Committee of the China Securities Regulatory Commission, responsible comrades of the Discipline Inspection and Supervision Team located in the China Securities Regulatory Commission, and responsible chief comrades from various departments and centers attended the meeting.
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