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The road to a financial power with special characteristics | Contribute to the development of finance with Chinese characteristics

author:Tech Financial Times

The Central Financial Work Conference is a landmark meeting held during the critical period of national economic transformation. At the meeting, General Secretary Xi Jinping expounded for the first time the basic essence of the road of financial development with Chinese characteristics and the main connotation of the financial system with Chinese characteristics, which is the fundamental compliance and action guide for promoting high-quality financial development in the new era.

The road to a financial power with special characteristics | Contribute to the development of finance with Chinese characteristics

Chen Zhenghua, Secretary of the Party Committee and President of the Quzhou Branch of the Agricultural Development Bank of China

  General Secretary Xi Jinping stressed that the path of financial development with Chinese characteristics not only follows the objective laws of modern financial development, but also has distinctive characteristics suitable for the national conditions of the mainland, which is fundamentally different from the Western financial model. In the new era, if we want to take the road of financial development with Chinese characteristics, we must achieve four musts. First, it is necessary to uphold and strengthen the party's overall leadership. The party's leadership is the greatest political advantage for doing a good job in policy-related financial work, and is the basic requirement and fundamental guarantee for ensuring that the work of the Agricultural Development Bank always maintains the correct direction. Second, it is necessary to improve the level of policy-based financial services for the real economy. Finance is the lifeblood of the real economy, and it has strengthened its services and improved its service levels to demonstrate its responsibility. Third, we must adhere to the people-centered value orientation. It is the mission of the ADB to support the country and act for the people, and it is an inevitable requirement for the ADB to deepen its service to the people and further promote common prosperity by firmly grasping the discipline of the masses and taking the mass line. Fourth, risk prevention and control must be regarded as the eternal theme. Adhere to the general tone of seeking progress while maintaining stability, coordinate development and security, and maintain the bottom line of no systemic risks.

The road to a financial power with special characteristics | Contribute to the development of finance with Chinese characteristics

Visit the Seedling Breeding Center

  As an agricultural policy bank, the Quzhou Branch of the Agricultural Development Bank will effectively unify its thoughts and actions with the spirit of General Secretary Xi Jinping's important speech and the decision-making and deployment of the Central Financial Work Conference. In order to make the greatest contribution to the development of finance with Chinese characteristics, Quzhou Branch will do a good job in four aspects.

The road to a financial power with special characteristics | Contribute to the development of finance with Chinese characteristics

Go to Kaihua County Receiving and Storage Company to inspect grain and oil inventory

  Highlight functional positioning. Adhere to the positioning of policy banks, accurately and effectively allocate credit resources to key areas and weak links such as grain, water conservancy, road networks, and improving the rural living environment, actively support the purchase, sale and storage of grains and oils, and the construction of high-standard farmland, so as to maintain the bottom line of food security; Actively connect with agricultural science and technology innovation, energy conservation and environmental protection, pension service facilities, digital industrial parks and other projects, and do a good job in science and technology finance, green finance, inclusive finance, pension finance and digital finance.

  Highlight the local character. Combined with the needs of the county and municipal governments in Quzhou, we will vigorously support the urbanization construction with the county as an important carrier, support the extension of water, electricity, roads, gas and other infrastructure to suburban villages, and promote the integrated development of urban and rural areas; Innovate and explore the path of policy-based finance to support the private economy, and actively support a number of private small and micro enterprises with prominent main businesses, stable operations, and obvious results in supporting agriculture.

  Highlight product innovation. Based on Quzhou's resource advantages, it actively explores projects such as the protection and utilization of ancient villages, the protection and restoration of important ecosystems, and forms a number of characteristic agricultural products.

  Highlight compliance with laws and regulations. Establish a firm bottom-line thinking and a business philosophy of compliance with laws and regulations, take the initiative to adapt to the new regulatory requirements, and turn regulatory requirements into conscious action. Cultivate the concept of risk compliance culture, and create a work pattern of "everyone stresses compliance in everything and prevents risks everywhere". Adhere to the normalized risk early warning mechanism, do a solid and detailed post-loan management, and ensure early identification, early warning, early resolution, and early disposal.

  In the next step, the Quzhou Branch of the Agricultural Development Bank will strive to take the road of financial development with Chinese characteristics with firmer determination and more pragmatic measures, and help the construction of the marginal common prosperity demonstration zone of the four provinces with practical actions.

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