Xinhua News Agency, Beijing, November 8th (Reporters Li Yanxia and Lu Chang) The 2023 Financial Street Forum Annual Meeting with the theme of “Better China, Better World – Strengthening Financial Openness and Cooperation and Promoting Economic Sharing and Win-win” was held on the 8th. Opening in Beijing. Focusing on the theme of the annual meeting, the guests had in-depth exchanges and built consensus.
Yin Li, Secretary of the Beijing Municipal Party Committee, said that he will thoroughly implement the spirit of the Central Financial Work Conference, fully serve the national financial management work, and continuously enhance the function of serving financial development; comprehensively improve the quality and efficiency of financial services to better meet the diversified financial needs of society; actively Deepen financial reform and opening up, strive to improve the level of high-quality financial development; firmly guard the bottom line of financial security, continue to promote the modernization of the financial governance system and governance capabilities, accelerate the construction of a modern financial system with the characteristics of the capital, and create a more open and orderly financial development environment , and contribute to promoting high-quality financial development.
Pan Gongsheng, Governor of the People’s Bank of China and Director of the State Administration of Foreign Exchange, said that monetary policy will pay more attention to inter-cyclical and counter-cyclical adjustments, balancing the short-term and long-term, stabilizing growth and preventing risks, internal equilibrium and external equilibrium, in order to stabilize prices and promote Economic growth, employment expansion, and maintaining balance of international payments will create a sound monetary and financial environment. In terms of promoting high-level two-way opening up of the financial industry, we must steadily and steadily advance the internationalization of the RMB, pragmatically promote international financial cooperation, and actively participate in international economic and financial governance.
Li Yunze, director of the State Administration of Financial Supervision and Administration, said that China’s economic fundamentals are good, with sufficient potential and room for maneuver, which has laid a solid foundation for the sustainable and healthy development of the financial industry. Financial opening is an important driving force for the reform and development of my country’s financial industry. We will accelerate the improvement of the pre-establishment national treatment plus negative list management model, further relax the market access requirements for foreign-invested institutions, continue to enhance the transparency, stability and predictability of financial systems and policies, and strive to create an institutional environment for prudent operations and fair competition.
Yi Huiman, chairman of the China Securities Regulatory Commission, said that strengthening supervision and preventing risks are important guarantees for achieving high-quality development. The next step will be to conscientiously implement the deployment of the Central Financial Work Conference, deeply understand the political and people-oriented nature of capital market supervision, comprehensively strengthen institutional supervision, behavioral supervision, functional supervision, penetrating supervision, and continuous supervision, and continuously improve the adaptability and pertinence of supervision. , keep the bottom line of risks, maintain the smooth operation of the capital market, boost investor confidence, and follow the path of development of modern capital markets with Chinese characteristics.
On November 8, Fu Hua, President of Xinhua News Agency, spoke at the 2023 Financial Street Forum Annual Meeting. On the same day, the 2023 Financial Street Forum Annual Conference with the theme of “Better China, Better World – Strengthening Financial Openness and Cooperation to Promote Economic Sharing and Win-win” opened in Beijing.Photo by Xinhua News Agency reporter Yin Gang
Fu Hua, president of Xinhua News Agency, said that in the historical process of accelerating the construction of a financial power, finance must provide high-quality services for economic and social development, and the media should also play an active role. Xinhua News Agency will thoroughly implement the spirit of the Central Financial Work Conference, continue to make good use of its unique advantages, provide authoritative interpretations for the study and implementation of Xi Jinping Economic Thought, build strong confidence in promoting high-quality financial development, and strengthen intellectual support for deepening the financial supply-side structural reform , to build a cooperation bridge to promote high-level financial opening up.
Agustin Carstens, general manager of the Bank for International Settlements, said in a video speech that as the world’s second largest economy, China has provided impetus for global economic growth over the years and also contributed to the global and regional financial industry. We look forward to working closely with the central banks of China and other member countries to jointly maintain global financial stability.
This Financial Street Forum Annual Meeting is co-sponsored by the Beijing Municipal People’s Government, the People’s Bank of China, the State Administration of Financial Supervision, the China Securities Regulatory Commission, Xinhua News Agency, and the State Administration of Foreign Exchange.