On December 12, the Party Committee of the Industrial and Commercial Bank of China (ICBC) held an enlarged meeting to convey and study the spirit of the Central Economic Work Conference and, in accordance with the requirements of the National Financial System Work Conference, to study and deploy measures for implementation. Liao Lin, Secretary of the Party Committee and Chairman of ICBC, presided over the meeting and delivered a speech. Members of the Party Committee attended the meeting.
The meeting pointed out that the Central Economic Work Conference was a very important meeting held at a crucial historical juncture, as the 14th Five-Year Plan is about to conclude successfully and the 15th Five-Year Plan is about to begin. The entire bank must earnestly study and understand the spirit of the conference, and consciously unify its thinking and actions with the spirit of General Secretary Xi Jinping's important speech, and with the Party Central Committee's scientific judgment on the economic situation and its decisions and plans for next year's economic work.
The meeting emphasized that the study and implementation of the spirit of the Central Economic Work Conference should be combined with the study and implementation of the spirit of the 20th CPC National Congress and its subsequent plenary sessions. The meeting stressed the need to implement the arrangements of the National Financial System Work Conference, adhere to the principle of "seeking progress while maintaining stability and improving quality and efficiency," focus on the main theme of financial work of "preventing risks, strengthening supervision, and promoting high-quality development," uphold the leadership of Party building and the "five-pronged transformation," shoulder the responsibilities of leading banks, help ensure a good start to the "15th Five-Year Plan," and contribute more to accelerating the construction of a strong financial nation and basically realizing socialist modernization.
First, we must uphold the centralized and unified leadership of the CPC Central Committee over financial work. We will use the Party's political construction to guide all aspects of Party building, persistently using the Party's innovative theories to unite and inspire the people, and continuously enhance our political capabilities. Second, we will play a leading role and continuously promote high-quality development. Focusing on serving the "four stabilities" (employment, finance, foreign trade, foreign investment, domestic investment, and expectations), we will highlight our core responsibilities and provide comprehensive financial solutions. We will solidly implement the "five major tasks" in finance, actively integrate into the strong domestic market, strengthen support for key areas such as expanding domestic demand, technological innovation, and small and micro enterprises, and provide precise services to areas with "two heavy burdens and one weak link" (employment, finance, foreign investment, domestic investment, and expectations), manufacturing, regional coordination, "dual carbon" (carbon diversification and urbanization), and people's livelihood, striving to do more practical things for the people. Third, we will play a stabilizing role and persistently prevent risks and strengthen compliance. Focusing on serving high-level security, we will actively support the construction of a new model for real estate development and help to orderly resolve local government debt risks. Fourth, we will play a leading role and go all out to support high-level opening up. Focusing on "going global," "bringing in," and jointly building the "Belt and Road," we will improve the new pattern of global integrated operation. Fifth, we will play a benchmark role and precisely and pragmatically improve the effectiveness of reforms. Focusing on serving the construction of a strong financial nation, we will implement various reform measures in detail. We must align ourselves with the standards and requirements to ensure the successful formulation and implementation of the Group's "15th Five-Year Plan" and firmly follow the path of financial development with Chinese characteristics.
