Chen Zhilong: Financial Security from the Perspective of Overall National Security Concept | The Report of the 19th CPC National Congress Interpreted by IDEI Scholars (5)

Release time:2017-10-25Author: Chen Zhilong

 National governance and modern finance are intertwined. Finance is not only an instrument of wealth management, but also a means of, even the key to modern national governance. Maintaining financial security is a strategic and fundamental event related to China's overall economic and social development. What's more, financial security and control are decisive forces in all economic and international relations. The General Secretary has repeatedly emphasized that on the basis of comprehensively conducting financial work, we must focus on deepening financial reforms, strengthening financial supervision, scientifically preventing risks, enhancing the construction of safety capacity, so as to continuously improve the competitiveness, anti-risk ability and sustainable development ability of the financial industry. Studying the important expositions of the General Secretary on the overall national security concept will help us to soberly assess the current financial risk status, pay attention to weak links, improve the construction of the early warning and supervision system, and steadily promote financial opening while adhering to macro prudence and overall national security. Moreover, we must keep the bottom line of no systemic risks to provide strong, healthy and safe financial support for the decisive victory of a moderately prosperous society in all respects and the great victory of the socialist cause with Chinese characteristics in the new era.