China Securities Regulatory Commission: Make every effort to stabilize the market and expectations, and deepen the comprehensive reform of investment and financing

China News Service, Beijing, October 30 (Reporter Chen Kangliang) Wu Qing, Secretary and Chairman of the Party Committee of the China Securities Regulatory Commission, presided over the Party Committee (Enlarged) Meeting on the 30th. The meeting required that we firmly establish an awareness of the overall situation and a systemic concept, make every effort to stabilize the market and stabilize expectations, deepen the comprehensive reform of investment and financing, improve the full-chain supervision system, continue to enhance the resilience and confidence of the capital market, and ensure the successful completion of various tasks in the capital market in the first year of the "15th Five-Year Plan".

The meeting held that the Fifth Plenary Session of the 20th Central Committee of the Party is a very important meeting held during the 105th anniversary of the founding of the Communist Party of China and a critical period when the entire Party and people of all ethnic groups are working hard to advance the "15th Five-Year Plan". The "Decision of the Central Committee of the Communist Party of China on Several Major Issues Concerning Persistently Promoting Comprehensive and Strict Governance of the Party" reviewed and approved by the plenary session is scientific, rigorous and systematic. It is a programmatic document that continues to promote the new and great project of party building in the new era and will surely have a significant and far-reaching impact on the development of the party and the country.

The meeting emphasized that the China Securities Regulatory Commission system must fully implement the strategic tasks and major measures deployed by the plenary session, insist on sticking to the end and working hard for a long time, focus on facing problems head-on, lay a solid foundation, and use higher standards and more practical measures to promote the comprehensive and strict governance of the party in the system, firmly support the "two establishments" and resolutely achieve the "two maintenances".

The first is to take strengthening party spirit as the fundamental task and be strict in strengthening ideological and political construction. The second is to pay close attention to the "key minority" and be strict in strengthening the construction of the leadership team. The third is to strengthen pressure transmission and tighten the chain of responsibility. The fourth is to insist on treating both the symptoms and root causes and be strict in deepening the governance of corruption issues. The fifth is to highlight the "three excellences" and be strict in tempering the iron army of supervision.