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1970-01-01

Stay True to Mission, Stick to Financial Development, Serve Overall Strategies: SIG Conveys and Learns Spirit of Secretary Li Qiang's Speech at SIG

On July 10, Li Qiang, Secretary of the CPC Shanghai Municipal Committee, visited Shanghai International Group (SIG). The SIG system duly organized a meeting to convey the spirit of Secretary Li Qiang's speech at SIG. On July 11, Yu Beihua, Secretary of the CPC SIG Committee and Chairman of the Board of Directors, hosted a CPC meeting to discuss the specific measures for implementing the spirit.
Li's speech shows the great attention of the CPC Shanghai Municipal Committee to SIG. While recognizing SIG's efforts in recent years, he further made clear SIG's functional orientation and development direction, and underlined the requirements of marketization, professionalization and internationalization. His speech is of great significance to guiding SIG in planning and implementing its future work.
With focus on Li's requirements for "conducting new exploration in deepening the reform of state-owned assets and enterprises, making new achievements in serving major national strategies and achieving new effects in strengthening the Party building of state-owned enterprises", SIG will carry out theme education of "Staying true to the aspiration", plan for the future and serve Shanghai's major strategies, stay true to its mission, serve Shanghai's major development strategies, seek gaps, implement measures and strive to be a pioneer in the reform of state-owned assets and enterprises.
Firstly, with focus on the work arrangements of the CPC Shanghai Municipal Committee and the Shanghai Municipal People's Government, SIG will serve the development of Shanghai International Financial Center and the three tasks of Shanghai, exert its function as a local financial and state-owned assets platform, drive its industrial funds to develop an innovative investment ecosystem, support the development of municipal financial institutions, expand the fields of financial institution layout and fin-tech, and initiatively serve general strategies.
Secondly, according to the requirements of marketization, professionalization and internationalization, SIG will organize themed surveys and explore a path of development in such aspects as the integrated reform of state-owned assets platforms, giving play to the pivotal role of state-owned assets platforms, better performing shareholders' rights and responsibilities, deepening the pilot practice of financial holding, reforming the mechanism of market incentive and extending the financing mechanism externally.
Lastly, SIG will work out its three-year action plan for new-round strategic development, implement Secretary Li Qiang's requirements for expanding scale, supporting the development of municipal state-owned assets and financial institutions and strengthening the prospective deployment of fin-tech, and make clear its three-year goals for scale, business layout and talent team.
With the spirit of passion, creation and responsibility, all Party members and cadres of SIG will stick to its primary business: state-owned assets and financial investment, initiatively serve major national tasks and Shanghai's development strategies, and show its mission and responsibility by actual deeds.


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