The China Securities Regulatory Commission holds a seminar to study and implement the spirit of the Fourth Plenary Session of the 20th Party Congress.

Recently, the China Securities Regulatory Commission held a seminar on studying and implementing the spirit of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China. Wu Qing, Secretary of the Party Committee and Chairman of the CSRC, delivered a lecture at the seminar. Wu Qing focused on the important speech by General Secretary Xi Jinping at the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China and the "Suggestions of the CPC Central Committee on formulating the 15th Five-Year Plan for National Economic and Social Development". He deeply explained the significance of the Fourth Plenary Session of the 20th Central Committee of the Party, the new major achievements in China's economic and social development during the "14th Five-Year Plan" period, and the guiding ideology, important principles, main goals, strategic tasks, and major measures for economic and social development during the "15th Five-Year Plan" period, as well as the importance of upholding and strengthening the overall leadership of the Party and mobilizing the magnificent force to promote China's modernization. He combined these aspects with the actual work of the capital market and provided in-depth explanation and systematic interpretation. Wu Qing emphasized that General Secretary Xi Jinping's important speech at the plenary session was visionary and directive, clarifying a series of directional and fundamental major issues for promoting economic and social development in the next five years and beyond, further deepening our Party's understanding of the laws of economic and social development, and providing scientific guidance and important principles for promoting high-quality development and advancing China's modernization. The "15th Five-Year Plan" period plays a crucial role in building on past achievements and making comprehensive efforts. The CSRC system must deeply understand the decisive significance of the "two assurances", enhance the "four consciousnesses", consolidate the "four confidences", uphold the "two safeguards", fully understand and grasp the new deployment and requirements of the plenary session on accelerating the construction of a financial powerhouse, earnestly implement the work requirements put forward in the conference for learning and implementing the spirit of the plenary session in the financial system, and focus on planning and implementing strategic tasks and major measures for the capital market during the "15th Five-Year Plan" period, striving to make the market more resilient and stable, the system more inclusive and attractive, listed companies of higher quality and value, regulatory enforcement more effective and deterrent, and opening-up to a deeper and higher level. The CSRC system must strictly govern the Party comprehensively and more strictly and practically to actively contribute to the capital market in achieving the goals and tasks set by the Party Central Committee for the "15th Five-Year Plan" period. Wu Qing demanded the CSRC system to prioritize and solidly carry out the important political task of studying, propagating, and implementing the spirit of the plenary session, to conduct multi-level, comprehensive training, to vigorously conduct investigations and studies, to carefully formulate plans, and to meticulously carry out publicity and interpretation. With a spirit of perseverance and dedication, all tasks should be implemented effectively, and the learning achievements of the plenary session should be transformed into tangible results to promote the capital market's risk prevention, strengthen supervision, and promote high-quality development effectively.