On December 12, the Agricultural Bank of China (ABC) held a Party Committee meeting to convey and study the spirit of the Central Economic Work Conference, the requirements of the National Financial System Work Conference, and to discuss ABC's implementation measures. Gu Shu, Secretary of the Party Committee and Chairman of ABC, presided over the meeting and delivered a speech.
The meeting proposed that we should deeply understand and comprehend the "five musts" for doing a good job in economic work under the new circumstances, consciously apply the "five musts" to the practice of financial work, coordinate the total amount, structure and pace of financial supply, take into account both risk prevention and high-quality development, and continuously improve the quality and efficiency of financial services.
The meeting emphasized the need to unify thoughts and actions with the spirit of the Central Economic Work Conference, especially the spirit of General Secretary Xi Jinping's important speech, firmly grasp the Party Central Committee's scientific judgment on the current situation, firmly grasp the overall requirements and policy orientation of next year's economic work, implement the various work requirements of the National Financial System Work Conference, identify the key points of the Agricultural Bank of China's work in light of the eight key tasks, and contribute more to the Agricultural Bank of China's efforts to achieve effective qualitative improvement and reasonable quantitative growth of the economy through high-quality and efficient services, so as to make a good start for the "15th Five-Year Plan".
The meeting emphasized the need to uphold the primary responsibility of serving agriculture, rural areas, and farmers, further increase financing for rural areas and counties, promote high-quality development of county economies, and continuously consolidate and expand the achievements in poverty alleviation. It stressed the importance of focusing on domestic demand and building a strong domestic market, fully aligning with policies on new economic development and key projects, and proactively providing credit for major projects aimed at boosting consumption and stabilizing investment. The meeting also called for innovating and improving the science and technology financial service system, increasing lending to advanced manufacturing and the high-quality development of key industrial chains, and supporting the construction of a modern industrial system and the development of new productive forces. Furthermore, it emphasized deepening inclusive financial services for people's livelihoods, further improving the quality and efficiency of green finance and financial services for small and micro enterprises. The meeting stressed the need to fully support high-level opening-up and further support the steady growth of foreign trade. Finally, it emphasized the need to better coordinate development and security, actively and prudently resolve risks in key areas, ensure stable asset quality, and firmly safeguard against systemic risks.
