OREANDA-NEWS. July 02, 2013. China Development Bank (CDB) today held an enlarged party committee central team group study session and also an inaugurating ceremony for a thematic seminar for bureau and department level cadres in Beijing.

Hu Huaibang, secretary of CDB's party committee and chairman of CDB's board, delivered a thematic report on studying and implementing the spirit of the 18th Party Congress and General Secretary Xi Jinping's series of important speeches on realizing the Chinese Dream of the great rejuvenation of the Chinese nation in connection with the reform and development at CDB.

In his report with the major theme of "reform is a driving force for realizing the Chinese Dream", Hu Huaibang summed up the critical role played by reform in China's economic development process over the past 30 years, analyzed the new situation and new challenges facing China's economy at present, and put forward the strategic vision and goals for the next step in CDB's reform and development.

Hu Huaibang pointed out: Since its founding, CDB has continually forged ahead and innovated, and has, with no ready experience to learn from, opened up a road of development financing with Chinese characteristics to become an important driving force for the economic and social development in China. Against the background of a new era, CDB shoulders an important mission in the Chinese Dream of completing the building of a well-off society in an all-round way and achieving the great rejuvenation of the Chinese nation. CDB must take the spirit of the 18th Party Congress and General Secretary Xi Jinping's series of important speeches as a guide and continually deepen the practice and theoretical exploration of development financing so as to preserve the vigor and vitality of the cause of development financing.

Hu Huaibang emphasized: The report to the 18th Party Congress put forward that "we must push forward reform in key areas with greater political courage and wisdom". CDB in the next step will further deepen reform and development in accordance with the requirements of the spirit of the 18th Party Congress and write a new chapter in development financing in the tide of the era of reform. First, we must continue to push forward development financing, adhere to the direction of serving the national strategy in a market-oriented way, continually improve our ability and level of serving the national strategy, help with national form, and serve the needs for the government's functional transformation, economic structural upgrading, social building, and reform and opening up.

Second, we must adhere to the business development pattern of "one body and two wings", give full play to the advantages and role of a major bank in longer-term investment and financing, vigorously support strategic projects in keeping with the national development strategy and policy guidance, and better serve the development of the real economy. Third, we must adhere to deepening our own reform, improve our operating mechanism, give coordinated consideration to the projects' strategic necessity, the overall business' financial balance, and institutional development's sustainability in business development, do a good job in notional support, talent support, cultural support, science and technology support, organizational support, and discipline support, and promote improving CDB's various business to a new level.

Fourth, we must adhere to the principle of "doing a good job of party building, running the bank well, and supporting development" in running CDB, carry forward CDB's spirit of "regarding the country as our home and dedicating ourselves to the country", firmly stick to the faith that holds that only when the country, the nation, and CDB do well can every one of our staff employees do well, strengthen the whole bank's cohesiveness and combat effectiveness, and ensure the healthy development of the cause of development financing.

Since the 18th Party Congress, CDB's party committee has attached great importance to studying, publicizing, and implementing the spirit of the 18th Party Congress as a primary political task for now and the immediate future. The party committee has continually innovated the form of study and enriched the content of study. Through activities such as group study of the party committee central team, thematic counseling for party committee members, and concentrated rotational training for cadres above the department level, the party committee has set off a new upsurge bank-wide in studying and implementing the spirit of the 18th Party Congress and given a strong impetus to the whole bank's business development.

Zheng Zhijie, deputy secretary of CDB's party committee and president of CDB, presided over the meeting. Yao Zhongmin, party committee deputy secretary and chief supervisor; Li Jiping, Wang Yongsheng, and Yuan Li, party committee members and vice presidents of CDB; Zhou Qingyu, party committee member and discipline inspection chief; and Zhao Jianping, party committee member, attended the meeting.