China Fund News Taylor
Today, the Ministry of State Security issued a blockbuster document, which is worth paying attention to.
The Ministry of State Security issued a document: State security organs resolutely build a strong economic security barrier
Today, the Ministry of State Security published an article entitled "State Security Organs Resolutely Build a Solid Economic Security Barrier" on its official Weibo, which contains these key points:
1. Economic security is an important part of national security and provides strong support for maintaining security in other important areas.
2. At present, the economic field has increasingly become an important battlefield for major power competition, and the complexity, severity and uncertainty of the external environment have risen, which will further promote the economic recovery, and it is necessary to overcome some internal difficulties and deal with some external challenges.
3. All kinds of "clichés" that intend to undermine China's economy continue to appear, the essence of which is a vain attempt to construct a "discourse trap" and "cognitive trap" of "China's decline" with various false narratives, so as to continue to attack and negate the socialist system and path with Chinese characteristics, and vainly attempt to carry out strategic containment and suppression of China.
4. Some people with ulterior motives ignore this basic logic, selectively ignore the global economic trauma and adverse effects brought about by the three-year epidemic and local geopolitical conflicts, ignore the strong resistance formed by the West's continued "decoupling and breaking the chain" and containment and suppression of China. The real purpose of stirring up and amplifying the so-called irreconcilable contradiction between security and development is to disrupt market expectations and order and block the positive momentum of the mainland's economy.
5. The state security organs will firmly perform their duties and missions of safeguarding national sovereignty, security, and development interests, strengthen forward-looking thinking, overall planning, and strategic layout of national security issues in the economic field, and do a good job in maintaining economic security. We will work with relevant departments to continue to effectively prevent and defuse security risks in the economic field, resolutely adhere to the bottom line of no systemic risks, and contribute to the great cause of building a strong country and national rejuvenation in an all-round way with Chinese-style modernization.
Here is the full text.
The Ministry of State Security previously issued: State security organs are firm guardians of financial security!
On November 2, the official Weibo of the Ministry of State Security published an article entitled "State Security Organs Be Firm Guardians of Financial Security!".
According to the article, finance is the blood of the national economy and an important part of the country's core competitiveness. Financial stability, economic stability, economic stability. Modern finance is not only deeply integrated into all aspects of economic operation, closely related to everyone's sense of happiness, gain and security, but also has a profound impact on social stability, national governance, international competition and other fields.
Financial security is an important component of national security, and safeguarding financial security is a major strategic and fundamental matter that has a bearing on the overall economic and social development of the mainland. To promote the high-quality development of the mainland's finance, it is necessary to build a solid line of defense for financial security, guard the bottom line of financial risks, and provide solid and powerful financial support for comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese-style modernization.
Finance and risk have always been accompanied, and the wider and deeper its integration into the economy and society, the more complex the risk impact it may bring. Lessons learned from some countries have shown that serious systemic financial risks and financial crises can not only lead to a prolonged economic recession, destroying years of economic development gains and social wealth, but can also spill over into global risks that ripple over to other countries. The subprime mortgage crisis and the European debt crisis that occurred since the beginning of this century have triggered a global "financial turmoil", dragging many countries into a situation of economic stall, financial dishonesty, social imbalance, and public unemployment, and the negative impact has not yet been fully released.
While seeing the hard-won practical and theoretical achievements in financial work, we should be soberly aware that financial security is facing many risks and challenges, that various contradictions and problems in the financial field are intertwined and mutually influencing, and that there are still many hidden economic and financial risks. Some countries regard finance as a tool of geopolitical games, repeatedly play with monetary hegemony, and wield the big stick of "financial sanctions" at every turn, and some people with ill intentions vainly try to stir up trouble and take advantage of the chaos to make profits, not only "bears" and "short-sellers", but also "short-sellers" and "hollow-outs" in an attempt to shake the international community's confidence in investing in China in a vain attempt to trigger financial turmoil on the mainland. All these have brought new challenges to maintaining financial security in the new situation.
State security organs should put the prevention and resolution of financial risks in a more important position, actively participate in the establishment of a national security system in the economic, financial and other fields, closely monitor, accurately predict, and effectively prevent national security risks in the financial sector, crack down on and punish illegal and criminal activities that endanger national security in the financial sector in accordance with the law, be firm guardians of financial security, and make national security contributions to promoting high-quality financial development and high-level opening-up.