Chen Zhilong: Guarding against Financial Risks Requires a Firm National Will

Release time:2019-01-23Author: Chen Zhilong

Guarding against crisis requires a firm national will and an "overwhelming" national action. At the opening session of the seminar on guarding against and defusing major risks for leading officials at the provincial and ministerial levels, General Secretary Xi Jinping delivered an important speech on guarding against and defusing major risks in the fields of politics, ideology, economy, science and technology, society, external environment and Party building. He stressed that facing the changing international situation, the complex and sensitive surrounding environment and the arduous task of reform, development and stability, we must always be on high alert for both the black swans and the grey rhinoceros. We should not only guard against risks in advance, but also have ways to deal with and defuse risks and challenges. We should fight a well-prepared war to guard against and ward off risks, as well as a strategic and active war to avert dangers and turn dangers into opportunities. The appearance of "black swan" and "grey rhinoceros" in the speech of this important meeting shows that the decision maker is rational, calm and sober. When we make achievements, we have to be cautious like treading on thin ice and facing the abyss, and be prepared for a rainy day and the crisis at any time.