Leading the construction of a financial power with high-quality party building
September 13, 2024 09:54 Source: "Chinese Social Sciences Journal" Issue 2977, September 13, 2024 Author: Li Juncheng Liu Yong

The Third Plenary Session of the 20th Central Committee of the Communist Party of China focused on deepening the reform of the financial system,Proposed a number of forward-looking ideas、Systemic reform measures,Special focus on improving the party’s commitment to further comprehensively deepening reforms、Leadership in promoting Chinese-style modernization。On the new journey of deepening the reform of the financial system,We must continue to transform the institutional advantages of the party’s leadership in financial work into governance effectiveness,Effectively strengthen party building in the financial system,Leading higher-quality development of the financial industry with high-quality party building。

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Comprehensive leadership driven

The party’s leadership system is the fundamental leadership system of our country。The Party Central Committee firmly grasps the development and direction of the financial industry,Unified leadership of financial support for socialist modernization,Accurately grasp the characteristics and laws of my country’s financial development,This is the key to maintaining long-term stable financial development。Under the framework of the socialist system with Chinese characteristics,The party’s leadership over financial work is not only a hard requirement at the institutional level,Bet365 app download It is also the clarification and concreteness of the party’s political credit in financial work。

The practice of financial system reform has deepened our party’s understanding of the laws of economic and social development。Macro level,The party has been formed to regularly study financial development strategies、Analyze the financial situation、Working mechanism for determining financial policies,The decision-making level of the party’s leadership in financial work continues to improve。Meso level,Party organizations of financial institutions play the role of battle fortress,Continuously transform the party’s political and institutional advantages into financial governance efficiency。Micro level,Integrated embedded mechanism of party leadership and corporate corporate governance,Implement “party management of finance” in corporate governance and transformation and development,Calibrate the course for high-quality financial development at all times。

Driven by strengthening the party organization building of financial institutions

The party’s overall leadership and all the party’s work require a strong organizational system to achieve。Since the new era,Enhance the function of financial services to the real economy、Dismantling financial risk points and other important experience shows,Strengthening the party’s leadership is the most fundamental to maintaining the stable development of the financial industry、The most effective measure。Strengthening party building in financial institutions is an inevitable requirement for realizing the party’s overall leadership。

Bet365 app download First, strengthen political construction,Guide the financial system to effectively improve its political position,Those who have the heart of “the great nation”。High-quality development is the primary task of comprehensively building a modern socialist country,Strengthening the Party’s leadership over financial work,The core is to guide the financial system to serve the real economy as its fundamental purpose and goal,Focus more financial resources on supporting technological innovation、Advanced Manufacturing、Key areas and weak links in economic and social development such as green development and small, medium and micro enterprises,Better meet the diversified financial needs of the people and the real economy。

The second is to strengthen ideological construction,Profoundly understand the practical explanatory power and practical guidance of General Secretary Xi Jinping’s important thoughts on the Party’s self-revolution。Resolutely eliminate erroneous ideas such as "financial elitism", "money only theory" and "Western conformity theory",Be wary of excessive pursuit of “refinement” in life、The trend of "high-end" hedonism and luxury,Continuously strengthen the dam to implement the spirit of the eight central regulations in the financial and central enterprise fields,In the practical implementation of Xi Jinping’s economic thoughts,Translate the party’s financial concepts into the country’s financial hard power and a better financial life for the people。

The third is to strengthen organizational construction,Building a politically bet365 best casino games strong team、Excellent style、A team of cadres who are proficient in financial work。To enhance the party’s ability to lead financial work,Leverage the role of local financial committees and financial working committees,Strengthen central and local regulatory coordination,Highlight the financial literacy of senior leading cadres and select high-level financial talents,Refining the connotation standards of political character of financial talents,Clear the specific elements of political literacy and duty performance capabilities of financial management talents,Create political quality、Financial Iron Army with excellent professional quality。

The fourth is to strengthen the construction of style and discipline,Put strict observance of the party’s political discipline and rules in a prominent position。Focus on correcting the "four winds",Beware of hedonism、The trend of luxury rebounds,Continue to rectify formalism、Bureaucratic Problems,In-depth promotion of the construction of a clean financial culture。Accurately grasp the stage characteristics and industry characteristics of financial anti-corruption,Focus on using loans for personal gain、Loss of supervision、Approval Supervision、Supervision and inspection of key anti-corruption areas and key links such as financial credit,Resolutely crack down on behaviors that interfere with the order of the financial market,Focus on strengthening the supervision and management of “top leaders” and leadership teams。

 Cultivate financial culture with Chinese characteristics

General Secretary Xi Jinping proposed for the Bet365 app download first time to actively cultivate a financial culture with Chinese characteristics at the opening ceremony of a special seminar for leading cadres at the provincial and ministerial levels to promote high-quality financial development,And summarize it into five aspects of practical requirements,That is, "honest and trustworthy,Don’t cross the bottom line;Gaining profit from justice,Not mercenary;Steady and prudent,Don’t be eager for quick success;Keep integrity and innovate,Don’t break away from the real and turn to the imaginary;Comply with laws and regulations,Don’t act recklessly”。The Third Plenary Session of the 20th Central Committee of the Communist Party of China made major arrangements for deepening the reform of cultural systems and mechanisms,Proposed new requirements and expectations for cultivating a financial culture with Chinese characteristics。

Cultivate financial culture with Chinese characteristics,We must further promote red financial culture。Red finance is guided by the Communist Party of China’s Marxist beliefs and ideals of saving the country and the people,To Capitalist Finance、The economic revolution carried out by imperialist finance and traditional finance,Reflects the financial theory of the Communist Party of China from scratch、Continuously enriching and improving the innovation process,Can provide theoretical guidance for the development of finance with Chinese characteristics、Ideological inspiration,Have firm faith、The important role of understanding and enlightenment。

Cultivate financial culture with Chinese characteristics,We must make full use of the precious resources bet365 live casino games of China’s excellent traditional culture。The moral outlook of the Chinese nation condensed in long-term economic and social activities、View of justice and benefit、Business perspective、Innovation concept、Cultural ideas such as governance concepts are the essence of financial culture,With honesty and trustworthiness、Gaining profit from justice、Steady and prudent、Keep integrity and innovate、Highly consistent with legal compliance requirements。We must guide financial institutions and practitioners to draw wisdom from the history of Chinese finance and the history of Chinese financial thought,Carry forward the iron abacus、Iron ledger、The spirit of iron rules,Clear the high line、Direct line、Bottom line、The connotation standard of red line,Don’t be greedy for short-term profits,Don’t be impatient and advance,Excessive risk-taking without exceeding the ability to bear,Achieve stable operation、Prudential supervision、Progress in an orderly manner。Cultivating a financial management culture with Chinese characteristics、In governance culture,Enhance the core competitiveness and long-term development capabilities of the financial industry,Promote higher-quality development of my country’s financial industry。

 (The author is an associate researcher at the Institute of Finance, Chinese Academy of Social Sciences;Associate Researcher at Central University of Finance and Economics)

Editor: Zhang Jing
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