President Xi Jinping's Vision for Strengthening China's Financial Sector

President Xi Jinping emphasizes not only the enhancement of China's hard power in finance but also its soft power. He advocates for a financial culture rooted in Chinese characteristics, focusing on honesty, trustworthiness, and a balance between principles and profits. This philosophy supports the idea that finance should not disconnect from the real economy.

Xi Jinping stresses that honesty is fundamental, aiming to integrate it fully into financial activities. This approach promotes a culture of integrity and responsibility, fostering trust and deterring misconduct. By prioritizing the greater good over self-interest, the financial sector can support public welfare while achieving efficiency.

Prudence, according to Xi, serves as an immune system for the financial sector, preventing reckless actions that could lead to instability. Institutions are encouraged to adopt measured growth strategies and balance short-term goals with long-term sustainability.