On the morning of November 1, the Party Committee of China Life Group held an enlarged meeting to convey and study the spirit of the Central Financial Work Conference and study and deploy implementation measures. Bai Tao, Secretary of the Party Committee and Chairman of China Life Group, presided over the meeting and delivered a speech.
The meeting pointed out that the Central Financial Work Conference is an important meeting held at an important moment in the new journey. The important speech delivered by General Secretary Xi Jinping at the meeting was far-sighted, overarching the overall situation, and scientifically answered a series of major theoretical and practical issues in the development of the financial industry. It is an important part of Xi Jinping’s economic thought and a reflection of Marxist political economics on financial issues. The important innovative achievements provide fundamental compliance and action guidelines for promoting high-quality financial development in the new era and new journey. All members of the China Life system must thoroughly study, understand and implement them comprehensively.
First, we must improve our political stance and thoroughly study and implement the spirit of the General Secretary’s latest important speech on financial work. Deeply understand the core essence, focus on the goal of accelerating the construction of a strong financial country, accelerate the construction of a world-class enterprise, and use high-quality financial development to contribute to the construction of a strong country and the great cause of national rejuvenation.
The second is to deeply understand the rich connotations of the financial development path with Chinese characteristics. Make good use of the practical and theoretical results of financial reform and development of the “eight must-adhere”, resolutely implement the “two consistency”, continue to improve the modern financial enterprise system with Chinese characteristics, and unswervingly follow the path of financial development with Chinese characteristics.
The third is to accurately grasp the positioning and direction of financial work and implement it in conjunction with the main responsibilities and main businesses. Be the main force in serving the real economy and the ballast stone in maintaining financial stability, give full play to the functions of the insurance economy as a shock absorber and social stabilizer, strive to improve the efficiency of fund use and capital allocation, and continue to do a good job in science and technology finance, green finance, and universal Five major articles on welfare finance, pension finance, and digital finance have continuously promoted the high-quality development of China Life and created new situations.
The fourth is to effectively improve policy acumen and actively adapt to the development environment of strict supervision. Guide the entire system to firmly establish the business philosophy that compliance creates value, and effectively enhance the company’s endogenous motivation for compliance operations.
The fifth is to strengthen bottom-line thinking and strive to improve the ability to prevent and resolve risks. Strengthen early identification, early warning, early exposure, and early disposal of risks, accelerate the improvement of the early correction system for financial risks with hard constraints, grasp the timeliness and effectiveness, solidly and steadily resolve existing risks, resolutely prevent and control incremental risks, and resolutely punish illegal crimes and corrupt behaviors , resolutely maintain the bottom line of risk.
Sixth, we will accelerate the creation of a team of high-quality professional financial cadres who are loyal, clean and responsible. Continue to strengthen the construction of leadership teams at all levels, clearly establish the orientation of selecting and employing people in the new era, encourage and support outstanding young cadres to shoulder responsibilities, strengthen experience, accelerate growth, and effectively stimulate the vitality of the cadre team.
The meeting emphasized
The whole system must attach great importance to it and conscientiously organize the majority of cadres and employees to thoroughly study and implement the spirit of the Central Financial Work Conference. They must study repeatedly and combine it with actual practice to effectively unify their thoughts and actions with the spirit of General Secretary Xi Jinping’s important speech and the decisions and arrangements of the Party Central Committee to ensure that all parties The work deployment was implemented.