Uphold the centralized leadership of the CCP over financial work
Recent articles emerging from Chinese social media platforms have been focused on the importance of upholding the centralized leadership of the Communist Party of China (CPC) over financial work in order to advance high-quality financial development and provide strong support for the nation's comprehensive strength and rejuvenation.
10 November 2023
The message has been echoed by various commentators and contributors from People's Daily, emphasizing that gaining a deeper understanding of modern finance's regulatory patterns and development trends is essential to push for high-quality financial growth. This in turn will provide strong support for China's national strength and rejuvenation under Chinese-style modernization.
One of the key focuses has been on Su'neiteqi county, which recently held a national women's federation conference. The event aimed at deepening understanding of the development laws of finance in the new era and promoting high-quality financial development to support comprehensive strengthening of national construction and rejuvenation.
Another significant development has been the official establishment of the State Data Bureau, which follows the Ministry of Finance's notice stating that business data assets would be included for the first time in financial statements and implemented on January 1st next year. This securitization of data has had a positive impact on related stock prices and made it a highlight in sluggish stock markets.
The commentators emphasize that the official establishment of the State Data Bureau, coupled with the inclusion of data assets for the first time two months later, will make data certification and exchange more important. This is expected to further strengthen China's national construction, rejuvenation, and its great cause.
In general, these articles highlight a strong emphasis on the importance of upholding centralized leadership under the CPC for financial work, while gaining deeper insights into the rules and trends in modern financial development to push for high-quality growth. This is seen as essential for supporting comprehensive advancement of national construction and rejuvenation.
However, it's not all positive sentiment. Some netizens have expressed inflammatory remarks regarding the centralized leadership's role in financial work, questioning its effectiveness and transparency. These comments reflect ongoing debates about the balance between central control and market forces in China's economic growth.
Despite these differing viewpoints, it is clear that the majority of opinions within the Chinese social media sphere are focused on the significance of upholding the CPC's centralized leadership over financial work to drive high-quality financial development and provide strong support for national strength and rejuvenation.