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Guo Shuqing: Early prevention and resolution of various risks to guard against systemic financial crisis
2018年06月14日

  

  Guo Shuqing

  Chairman of Insurance Regulatory Commission

  Early prevention and resolution of various risks to keep systemic financial crisis in check

  Under the direct leadership of the CPC Central Committee with Comrade Xi Jinping as the core and under the guidance of Xi Jinping’s thought on socialism with Chinese characteristics for a new era, we have launched a series of campaigns to prevent and resolve financial risks. In practice, we’ve made the following observations:

  First, always keep in mind the red lines and take precautions against potential risks. Take into account possible risks and challenges in greater depth.

  Second, keep the overall market stable, gradually tighten up measures, and take into consideration the situation of institutions and markets.

  Third, take a holistic approach while focusing on key areas and identifying major problems.

  Fourth, never a one-size-fits-all solution, adopt differentiated and individualized approches based on financial risks in different fields and different markets.

  Fifth,seize the opportunity, overcome difficulties, face challenges head-on, resolve tough issues with courage and skills, and proactively resolve latent menaces in time.

  Sixth, treat both symptoms and root causes, an comply with laws and regulations.

  Seventh, stay true to the original mission, and serve the real economy.

  Eighth, deepen reforms and expand opening up.

  Ninth, staunchly follow the party’s leadership and always serve the people. To prevent and resolve financial risks, we must uphold the centralized and unified leadership of the CPC Central Committee, follow through on financial reforms, and align ourselves with the fundamental interests of the people.


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Co-hosted by

Shanghai Municipal People's Government

The People’s Bank of China

China Banking and Insurance Regulatory Commission

China Securities Regulatory Commission

Co-Chairpersons:

  Yi Gang
Governor of People's
Bank of China
        Yin Yong
Mayor of Shanghai

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