Actively cultivate a financial culture with Chinese characteristics

——On studying and implementing General Secretary Xi Jinping’s important speech at the provincial and ministerial level seminar

  "To promote high-quality financial development and build a financial power, we must adhere to the combination of the rule of law and the rule of morality, and actively cultivate a financial culture with Chinese characteristics."

At the opening ceremony of the special seminar for leading cadres at the provincial and ministerial levels to promote high-quality financial development, General Secretary Xi Jinping clearly proposed the important issue of cultivating and promoting financial culture with Chinese characteristics, and profoundly clarified the practical requirements for five aspects of financial culture with Chinese characteristics. It has very important guiding significance for taking the path of financial development with Chinese characteristics and promoting high-quality financial development.

  Culture is the soul of a country and a nation.

To promote high-quality financial development in my country and build a financial power, we must not only strengthen the construction of "hard power" such as modern financial institutions and financial infrastructure, but also promote the improvement of "soft power" such as values ​​and behavioral norms.

Since the 18th National Congress of the Communist Party of China, the Party Central Committee with Comrade Xi Jinping as the core has combined Marxist financial theory with the specific reality of contemporary China and with the excellent traditional Chinese culture, continuously promoted innovation in financial practice, theory, and system, and gradually stepped out of the A path of financial development with Chinese characteristics.

"Be honest and trustworthy, and do not cross the bottom line; make profits with justice, not profit-seeking; be prudent and prudent, and do not rush for quick success; be honest and innovative, and do not stray from reality to falsehood; comply with laws and regulations, and do not act recklessly." General Secretary Xi Jinping put forward the practice of these five aspects The requirements are a further deepening of our party's understanding of the essential laws and development paths of financial work, and point out the direction of efforts to actively cultivate a financial culture with Chinese characteristics.

  To actively cultivate a financial culture with Chinese characteristics, we must highlight the key to "Chinese characteristics."

Chinese civilization has a long history, Chinese culture is extensive and profound, and contains rich moral resources. Drawing nutrients from China’s excellent traditional culture is an intrinsic requirement for cultivating a financial culture with Chinese characteristics.

The excellent traditional Chinese culture emphasizes trustworthiness and keeping promises. The financial industry is based on credit and must always adhere to the spirit of contract and be honest and trustworthy.

"First righteousness and then profit will bring glory; first profit and then righteousness will bring disgrace." Finance has the dual characteristics of functionality and profit-making. We must always adhere to righteousness to gain profits and achieve the unity of social and economic benefits.

"Haste makes waste, and small profits make big things impossible." The financial industry is a special high-risk industry. We must always adhere to risk prevention and control as the eternal theme, and we must not rush for quick success.

"Innovate every day, innovate every day, and innovate every day." Innovation is the driving force for the financial industry to move forward. We must always adhere to integrity and innovation, but we cannot blindly pave the way in the name of innovation, causing capital to circulate in the body and shift away from reality to virtual reality.

"The law is the program of the world and the instrument of all things." The financial industry, dealing with currency, naturally faces high moral hazard and operational risks. It must always adhere to operating in accordance with the law and comply with regulations, and must not act recklessly or break the bottom line.

  To actively cultivate a financial culture with Chinese characteristics, we must adhere to the unity of knowledge and action.

We must abide by market rules and professional ethics, integrate honesty and trustworthiness into all businesses, carry forward the spirit of iron abacus, iron ledger, and iron rules, never make false accounts, operate honestly, cherish reputation, and never cross the bottom line.

We must correctly handle the relationship between justice and profit, create value and profits while serving economic and social development, and achieve symbiosis and co-prosperity of the economy and finance. We must not be purely profit-oriented.

It is necessary to establish a correct outlook on business, performance, and risk, conduct steady and prudent operations, and look not only at the present but also at the long-term, and not be greedy for short-term profits, not be impatient and aggressive, and not take excessive risks beyond the ability to bear them.

It is necessary to solve the problem of who finance serves and for whom it innovates, and we must focus on better serving the real economy and facilitating the people to promote innovation, and we must not engage in pseudo-innovation or random innovation.

We must strictly abide by laws and regulations, abide by financial regulatory requirements, and consciously operate within the scope of regulatory permissions in accordance with the law. We must not rely on exploiting loopholes in laws and regulations or circumventing supervision to pursue profits.

Financial institutions and practitioners must internalize it in their hearts and externalize it in their actions, be active disseminators and model practitioners of financial culture with Chinese characteristics, and implement the five practical requirements put forward by General Secretary Xi Jinping in their respective positions. On the other hand, through specific actions, we will lay a solid foundation for culture and forge a solid cultural soul for the high-quality development of finance.

It is necessary to create a strong atmosphere for promoting financial culture with Chinese characteristics in the whole society.

  Comprehensively promoting the construction of a powerful country and the great cause of national rejuvenation with Chinese-style modernization is the biggest political issue in the new era. The mission and responsibility of accelerating the construction of a strong financial country are on our shoulders.

On the way forward, let us unite more closely around the Party Central Committee with Comrade Xi Jinping as the core, fully implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, bear in mind the "greatest of the country", strengthen our mission and responsibility, and actively cultivate a financial culture with Chinese characteristics. We will unswervingly follow the path of financial development with Chinese characteristics, continue to create new situations in financial work in the new era, and make new and greater contributions to the comprehensive promotion of Chinese-style modernization.

  People's Daily newspaper commentator