China- Financial Conference/Reform

China sets reform tasks: serve real economy, risk control, deepen reform

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Shotlist


FILE: Beijing, China - Date Unknown
1. Outside of People's Bank of China

Beijing, China - July 15, 2017
2. SOUNDBITE (Chinese) Song Li, professor, Development and Reform Institute, Renmin University of China (partially overlaid with shot 3):
"It is based on the new opportunities and new challenges faced by the financial sector to study and deploy the work for the development and reform and stability of the financial work for the next step. The biggest highlight of the conference is that it has set the main theme as serving the real economy, preventing and controlling financial risks and deepening financial reforms."

FILE: China - Exact Date and Location Unknown
++SHOT OVERLAYING SOUNDBITE++
3. Sign of China Construction Bank, Bank of Communications
++SHOT OVERLAYING SOUNDBITE++
4. Interior of bank
5. Bank clerk counting money

Beijing, China - July 15, 2017
6. SOUNDBITE (Chinese) Han Wenxiu, deputy director, State Council Research Office:
"We must make serving the real economy the fundamental objective, the prevention and control of risks the bottom line and prerequisite, and the deepening of reform the motive force and guarantee. The three tasks are an organic entity, supplementing and reinforcing one another."

FILE: China - Exact Date and Location Unknown
7. Bank clerk at work
8. Various of money counting machine

Beijing, China - July 15, 2017
9. SOUNDBITE (Chinese) Wang Guogang, director, Financial Institute, Chinese Academy of Social Sciences:
"The three tasks are not only the tasks for the financial development and reform in the next five years, but also serve the orientation and objectives for taking policy decisions for a long time to come."

FILE: China - Exact Date and Location Unknown
10. Various of bank clerks at work

Storyline


China has set the tasks for the financial sector: better serve the real economy, guard against systemic risks and deepen reform.

The tasks were unveiled at the end of the two-day National Financial Work Conference that ended Saturday.

Song Li, professor of the Development and Reform Institute of Renmin University, said: "It is based on the new opportunities and new challenges faced by the financial sector to study and deploy the work for the development and reform and stability of the financial work for the next step. The biggest highlight of the conference is that it has set the main theme as serving the real economy, preventing and controlling financial risks and deepening financial reforms."

Another expert believes the three tasks are an organic entity, supplementing and reinforcing one another.

"We must make serving the real economy the fundamental objective, the prevention and control of risks the bottom line and prerequisite, and the deepening of reform the motive force and guarantee. The three tasks are an organic entity, supplementing and reinforcing one another," said Han Wenxiu, deputy director with the State Council Research Office.

The prominent problem with the Chinese economy is that the demand structure has been upgraded but the supply side is lagging behind, thus clogging the circulation of the real economy. That is why it is necessary for the financial sector to better serve the real economy. These three tasks are exactly what the conference aims to resolve, according to experts.

"The three tasks are not only the tasks for the financial development and reform in the next five years, but also serve the orientation and objectives for taking policy decisions for a long time to come," said Wang Guogang, director with the Financial Institute of the Chinese Academy of Social Sciences.

The conference is convened every five years starting from 1997 and it is widely considered as setting the tone for financial reforms.


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  • ID : 8055789
  • Published : 2017-07-16 15:12
  • Last Modified : 2017-07-16 18:58:13
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'36
  • Audio Language : Chinese/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8055789
  • Published : 2017-07-16 18:54
  • Last Modified : 2017-07-16 18:58:13
  • Location : بكين,الصين
  • Category : economy, business and finance
  • Duration : 1'36
  • Audio Language : الصينية/ بعضه بلا صوت
  • Source : تلفزيون الصين المركزي
  • Restrictions : ممنوع البث في بر الصين الرئيسي
  • Version : 1
  • ID : 8055789
  • Published : 2017-07-16 18:53
  • Last Modified : 2017-07-16 18:58:13
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'36
  • Audio Language : Chino/Parte Muda
  • Source : Televisión Central de China
  • Restrictions : No acceso a la parte continental de China
  • Version : 1
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