Xi stresses role of finance in serving real economyBEIJING

general secretary of the Communist Party of China (CPC) Central Committee, underscored that China should deepen supply-side

structural reform in the financial sector and strengthen the sector’s ability to serve the real economy.

Xi made the remarks when presiding over a group study session of the CPC Central Committee Political Bureau Friday afternoon.

The country should keep a fine balance between maintaining growth and forestalling risks and deal with risks in key areas

in a targeted and effective manner, he said, adding that China should deepen opening-up of the financial sector.

Xie Duo, Party secretary and chairman of Silk Road Fund Co., Ltd, briefed on the issue and made suggestions.

Xi pointed out that finance is a core competitiveness of a country, financial security is an im

portant part of national security, and the financial system is a major fundamental system in the process of economic and social development.

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