On December 15, the Party Committee of Bank of Communications 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. Ren Deqi, Secretary of the Party Committee and Chairman of Bank of Communications, presided over the meeting and delivered a speech.
The meeting emphasized the need to always uphold the centralized and unified leadership of the Party Central Committee over financial work, actively practice the political and people-oriented nature of financial work, unswervingly follow the path of financial development with Chinese characteristics, focus on the main tasks of preventing risks, strengthening supervision, and promoting high-quality development, and, in accordance with the requirements of "better coordination between the two aspects," focus on "five key areas of focus," and, around the implementation of "four stabilities," accurately identify the points of convergence and breakthroughs for doing a good job in the work of Bank of Communications, and implement them without compromise, so as to consolidate and expand the positive momentum of economic stability with high-quality financial services, and make contributions to accelerating the construction of a financial powerhouse and serving China's modernization.
The meeting emphasized the need to fully implement the overall requirements, policy orientation, and "eight key tasks" of next year's economic work, adhering to the principles of seeking progress while maintaining stability and improving quality and efficiency. It stressed the importance of serving as the main force in serving the real economy and the ballast stone for maintaining financial stability. Efficient services should be provided to expand domestic demand, actively contributing to the construction of a strong domestic market, and implementing the important requirement of closely integrating investment in goods and people. Financial services should address public concerns while supporting the development of market entities. The meeting called for seizing the opportunity of the expansion of the international science and technology innovation center, innovating and optimizing financial service models, and strengthening support for the development of new productive forces and the construction of a modern industrial system tailored to local conditions. Efficient services should be provided to stabilize foreign trade, supporting the construction of the Shanghai International Financial Center, driving the improvement of service capabilities for the Hainan Free Trade Port and other free trade zones, further developing cross-border and offshore financial characteristics, and continuously contributing to the expansion of high-level opening-up. The meeting further stressed the need to strengthen bottom-line thinking and extreme thinking, improve the "four early" capabilities (early detection, early reporting, early isolation, and early treatment), focus on key areas to solidify responsibilities, steadily advance risk resolution, resolutely safeguard the bottom line of preventing systemic risks, and achieve a virtuous cycle of high-quality development and high-level security.
