Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Mobilization Conference For Special Inspection On Shanghai Stock Exchange Held

Date 05/11/2015


The mobilization conference for No.7 Central Inspection Team’s special inspection on the SSE is held.


The No.7 Central Inspection Team, according to the unified deployment of the central authority, recently settled in the Shanghai Stock Exchange (SSE) for a special inspection. On the afternoon of November 2, the mobilization conference for No. 7 Central Inspection Team’s special inspection on the SSE was held. Party Chief Gui Minjie presided over the conference and made a mobilization speech, while Liu Zu, Head of No. 7 Central Inspection Team, delivered a speech for the special inspection to be carried out. Officials of the Central Inspection Leadership Team Office put forward requirements for the inspection work.

Also attending the conference were the inspection team’s deputy heads Dong Hanying, Wei Qiang and Hu Wenrong and all members as well as the leadership members of the SSE Party Committee. Heads of relevant departments, companies and units were present as attendees.

Liu Zu said that inspection is a major duty endowed by the Party Constitution, a strategic system arrangement for in-Party supervision, and a significant means to manage the Party strictly in an all-round way. Since the 18th CPC National Congress, the CPC Central Committee has attached high importance to the inspection work. Standing Committee Meetings of the CPC Central Committee Political Bureau have heard reports on every rounds of inspection work, and General Secretary Xi Jinping have delivered major speeches every time. Besides, an array of major decisions and deployments have been made to strengthen and improve the inspection work, the guideline for the central inspection work has been fixed, and the newly-amended inspection rules have been promulgated and implemented, which has given a direction for furthering the inspection work. The Central Inspection Leadership Team has adhered to the central authority’s deployments, continuously innovated organizational mechanisms and work methods, and rigorously implemented all the work items. The inspection work has been consistently propelled with an obvious effect achieved. Practices showed that the guideline for the central inspection was completely correct, and the inspection work, which accords with the aspirations of the Party and the people, is a major platform to boost the building of the Party's work style and of a clean government as well as the anti-corruption campaign, serving as a key way for a combination of in-Party supervision and mass supervision and a significant measure for higher Party organizations to supervise over lower ones. It has provided powerful support for managing the Party strictly in an all-round way.

Liu also said that managing the Party strictly in an all-round way is an inevitable requirement for realizing the Party’s historical mission, and its core is to strengthen the Party’s leadership. The Party has one Party Constitution only, which are valid for all the Party members and Party organizations. There are no exceptions for adhering to the Party’s leadership. All the Party organizations, Party members and Party cadres should work according to the Party Constitution and the Party rules. We should adhere to all the lines, guidelines and polices made by the central authority, implement all the requirements for managing the Party strictly and abide by all the Party disciplines and regulations. The SSE Party Committee members and Party members, leaders and cadres at all levels should follow the requirements in terms of ideology, duty and measures put forward by the central authority, and seriously fulfill the responsibility of managing the Party strictly in an all-round way. Besides, leaders and cadres should play a leading role to maintain seriousness and authority of the Party Constitution and disciplines, and dare to shoulder responsibilities, take seriously and fight. We should assume our responsibilities, consolidate our stances and further our disciplines, awaken the awareness of the Party Constitution, disciplines, regulations and organizations. Efforts should be made to solve an array of problems, such as carelessness, sluggishness and softness in managing the Party as well as deficiencies of main-body responsibility and supervisory responsibility. We should ensure that the Party should consistently play a leading role in the socialist cause with Chinese features.

Liu finally stressed that the inspection team will completely fulfill the duties endowed by the Party Constitution, seriously implement the inspection rules, focus on managing the Party strictly in an all-round way, adhere to the Party’s political, honest, organizational, mass, work and life disciplines, and strengthen the “Four Efforts to Inspect Violations of Laws and Disciplines” for deterrence. In our work, the Party’s leadership should be stressed to check whether the inspected Party organizations, leaders and cadres seriously learn, abide by, implement and maintain the Party Constitution, work strictly according to the Party Constitution; whether they adhere to the ideals, beliefs and tenets and firmly erect “Confidence in Line, Theory and System”; whether they implement the Party’s lines, guidelines and policies and the requirements at the 18th CPC National Congress and the previous plenums of the 18th CPC Central Committee, accord with the CPC Central Committee, ensure the smooth operation of the central authority’s policies and decrees and maintain the Party’s centralization and unification; whether they fulfill the main-body responsibility and supervisory responsibility for managing the Party strictly in an all-round way, consistently cement the building of the Party and give full play to the Party’s role as a leading core. Furthermore, the inspection team would, in light of the inspected units’ realities, focus on key persons and issues and major problems, seek for in-depth reasons for common problems and give solutions and suggestions for boosting the reform in an all-round manner.

Head of the Central Inspection Leadership Team Office stressed that, managing the Party strictly in an all-round way should rely on, cover and govern the whole Party. Disciplinary construction should be the fundamental policy for strict management of the Party in an all-round way. With the unswerving leadership of the Central Party Committee, the central inspection team has carried out 7 rounds of inspections at 118 localities, authorities and units, covering 31 provinces, autonomous regions, municipalities, and Xinjiang production and construction corps, and 55 key back-bone state-owned enterprises subject to the Central Party Committee, in a bid to manage the Party in an all-round way as a sharp sword.

Party organizations of all levels and Party member leaders and cadres of the SSE should learn about the new requirements of the inspection work of the Central Party Committee in an in-depth way from the strategic height of strictly managing the Party in an all-round way, and respect the Party Constitution and the Party Disciplines. Besides, the strong ideology drive for strict governance of the Party in an all-round way should be concentrated and requirements of strictly governing the Party should be implemented on the whole.

Moreover, the work guidance of the inspection should be implemented unswervingly, in a bid to promote all-coverage of the inspections and the establishment of an efficient mechanism for deterrence, impossibility and refusal of corruption, and provide staunch guarantee for coordinate promotion of the strategic layout of “4 Overall Constructions”. The central inspection team, designated by the Central Party Committee, assumes the authority and creditability of the Central Party Committee.

Party members and cadres at all levels of the SSE should have a correct understanding and treat the inspectional supervision from political height, learn to implement the inspection rules, enhance the self-consciousness and firmness in receiving supervision, as well as fully understand the disciplinary requirements, directly face the problems, reflect the problems in an honest and impartial way, with full confidence, staunch support, complete cooperation, and coordinated supervision for the work of the inspection team, in order to ensure the successful completion of the inspection work designated by the Central Party Committee.

Gui Minjie stressed that, awareness should be lifted for proper implementation of the requirements of General Secretary Xi Jinping’s key speech and the work arrangement of the inspection team. The inspection, as a key measure on implementing the requirements of managing the Party in an all-round way and governing the Party by the Party, is also a key form for strengthening in-Party supervision. Xi’s key speech again deeply showed the unswerving determination of the Central Party Committee in punishing corruption and constant rectification of “4 Ill Working Styles”, as well as the clear attitude and determination in overall construction of clean politics. The recently issued “2 Rules and 1 Criterion” will serve as the basic principles for strengthening building of the Party's work style and of a clean government in the new times. The inspection on the SSE by the central inspection team will vigorously promote better completion of our work in various aspects. All cadres and staff members should keep consistency with the Central Party Committee in ideology, politics and action, attach great importance to the inspection work and accept the inspectional supervision voluntarily.

Gui Minjie said, we should go all out to support and ensure smooth implementation of the inspection work. All members of the SSE should actively and accurately carry out various coordinating and ensuring work on the whole in strict accordance with the requirements of the central inspection team, in a bid to provide a sound environment for the work of the inspection team. Moreover, the strong Party spirit and high sense of responsibility in politics should be taken for impartial and authentic information provision for the inspection team without hiding of any problems. This inspection should serve as an opportunity to transform the procedure of accepting examination to the process of strengthening and improving the SSE’s building of the Party's work style and of administration, in a bid to further strengthen the political self-consciousness in managing the Party and governing the Party by the Party in a strict way, substantially perform the major responsibility of the Party Committee and the monitoring responsibility of the disciplinary committee.

The mutual promotion of civilization in terms of spirit and material should be adhered to, and reform and innovation should be encouraged. Besides, the requirements of the 5th Plenum of the 18th CPC Central Committee should be implemented, and work measures on all aspects should be strengthened. In addition, all systems and mechanisms should be improved, in order to promote the sound and stable development of the capital market.

It is learnt that, the central inspection team will work at the SSE for 2 months. During this period (November 2 to December 29), the special hotline of 021-62125492 and postal mail of Shanghai Post 052-002 mail box will be set. The inspection team will answer the phone call from 08:00 to 20:00. According to the work rules of the inspection, the central inspection team will mainly accept the letters, phone calls and visits reporting the problems of the SSE leadership group and its members, heads of its subordinate Party organization leadership groups and leaders and cadres at key positions, with emphasis on going against disciplines in terms of politics, incorruptibility, organization, mass, work and life-related issues. As for the reports outside acceptance scope of the inspection, they will be transferred to the unit subject to the inspection and relevant authorities according to the regulations for handling.