China's top discipline supervision official urged state-owned financial institutions to step up anti-graft efforts while actively advancing reforms to provide guarantee for stable and healthy development of finance.
He Guoqiang, secretary of the Communist Party of China (CPC) Central Commission for Discipline Inspection, highlighted the importance of finance supervision, prevention of financial risks and anti-corruption efforts during his three-day inspection tour, from Monday to Wednesday, to state-owned banks and government financial regulatory bodies.
He, also a member of the Standing Committee of the CPC Central Committee Political Bureau, urged efforts to speed up perfection of anti-graft regulations and systems, and called on officials of financial institutions to be pragmatic, hard-working and clean-fingered.
He stressed, top priority should be given to prevention of financial risks while advancing financial reforms.
He encouraged financial institutions to play their due roles in tackling the current financial crisis and promoting economic development in the country.
He urged the Industrial and Commercial Bank of China to greatly increase support to enterprises, especially the medium- and small-sized ones, to help them with structural restructuring, industrial upgrading and technological advancement.
He stressed that China Development Bank and China Construction Bank should lend more support to infrastructure construction to boost social investment confidence.
China Investment Corporation and Bank of China could play a "big role" in supporting Chinese companies to explore the overseas market, He said.
He also encouraged the Agricultural Bank of China to continue provide quality financial services for the development of agriculture, rural areas and farmers.
He also inspected the China Anti-Money Laundering Monitoring and Analysis Center and listened to work reports from the People's Bank of China, and banking, securities and insurance regulatory commissions.
He said that regulatory bodies should perfect laws and regulations, and supervision methods.
(Xinhua News Agency March 26, 2009)