Skip to Content Facebook Feature Image

China ramps up efforts to accelerate financial reform

China

Video Player is loading.
Current Time 0:00
Duration -:-
Loaded: 0%
Stream Type LIVE
Remaining Time -:-
Â
1x
    • Chapters
    • descriptions off, selected
    • captions off, selected
      China

      China

      China ramps up efforts to accelerate financial reform

      2024-08-13 15:21 Last Updated At:15:37

      China is ramping up efforts to accelerate financial reform in accordance with a landmark resolution adopted by the country's leadership, a Central Finance Commission official said in a recent interview with China Central Television (CCTV) in Beijing.

      At its third plenary session held in Beijing in mid-July, the 20th Communist Party of China Central Committee adopted a resolution on further deepening reform comprehensively to advance China's ongoing modernization drive, which makes comprehensive arrangements for the deepening of the financial system reform.

      Wang Jiang, executive deputy director of the Office of Central Financial Commission, said for the various tasks outlined in the financial system reform, they will first understand the reform requirements, the positioning, direction, and content of each measure, and grasp the logical connections between the different reform tasks. Authorities will then formulate a detailed implementation plan and strengthen supervision to ensure the delivery of the necessary reform measures.

      "We will specify the tasks, roadmap, time schedule, priorities and persons in charge, and strive hard to transform the resolution from 'freehand brushwork into claborate-style painting'. With a sense of urgency and responsibility, we must advance various reforms in a solid and orderly manner, implement all must-do reforms as soon as possible, and ensure the timely promotion of all reform tasks," said Wang

      The official also stressed the importance of establishing a sound follow-up supervision mechanism to advance the reform, and continuously and dynamically assess the implementation of the reform tasks.

      China ramps up efforts to accelerate financial reform

      China ramps up efforts to accelerate financial reform

      China's railway is expected to handle 13.2 million passengers nationwide on Thursday, the 10th of this year's 40-day Spring Festival travel rush, as the railway passenger traffic has been running at a high level for several days.

      The railway transported 13.32 million passengers on Wednesday, the ninth day of the travel rush.

      By 20:00 Wednesday, the country's railway ticketing platform 12306 had sold a total of 271 million tickets for the Spring Festival travel period which runs from Jan 14 to Feb 22.

      To ensure smooth travel during the Spring Festival, local railway departments are adding trains to meet the surging demand.

      China Railway Xi'an Bureau Group in northwest China's Shaanxi Province, is expected to handle 455,000 passengers on Thursday, with the local railway authorities planning to add 98 extra trains, including 12 overnight high-speed trains to the metropolises of Beijing, Shanghai and Hangzhou.

      China Railway Nanning Bureau Group in south China's Guangxi Zhuang Autonomous Region is set to run 690 passenger trains on Thursday, including an additional of 101 bullet trains.

      Qingdao railway station in east China's Shandong Province will operate passenger trains to Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region, for the first time.

      The Spring Festival travel rush, known as Chunyun, is the largest annual human migration in the world as tens of millions of Chinese people return to their hometowns to celebrate the Lunar New Year with their families.

      The Spring Festival falls on Jan 29 this year, ushering in the Year of the Snake.

      China's railway expected to handle 13.2 mln passengers on 10th day of Spring Festival travel rush

      China's railway expected to handle 13.2 mln passengers on 10th day of Spring Festival travel rush

      Recommended Articles
      Hot · Posts