On December 31, 2015, governor of the People's Bank of China (PBC), Zhou Xiaochuan, accompanied by Yi Gang and Pan Gongsheng, deputy governors of the PBC, and Yin Yong, assistant governor of the PBC, paid a visit to the SAFE Investment Center to call on officials devoted to administering foreign exchange reserves.
On behalf of the PBC's CPC Committee, Zhou Xiaochuan showed his concerns and care for all the officials devoted to administering foreign exchange reserves and confirmed the achievements they made. The year 2015 was the closing year of the 12th Five-Year Plan period, said Zhou Xiaochuan. A review of the past five years shows that profound changes have taken place in China's foreign exchange situation. In face of complex economic and financial environments both at home and abroad, the SAFE Investment Center followed the leadership of the CPC Central Committee and the State Council, and conducted the Mass Line campaign and the special educational campaign of "Three Stricts and Three Earnests", adapted to the new normal, and pushed forward the operational and management work, thus ensuring the security, flows, and value maintenance and increase of foreign exchange reserve assets and making significant contributions to the deepening of the national reforms and the achieving of the development goals.
Zhou also pointed out that the SAFE Investment Center made risk prevention its top priority in respect of foreign exchange reserves in 2015. To serve the national development strategy, the SAFE Investment Center overcame the challenge of drastic fluctuations in international financial markets and successfully completed its operational and management tasks, taking a new step toward building a world-class asset management institution and playing active roles in supporting the development of the real economy and the national key strategies.
Zhou stressed that the year 2016 is the first year when China enters the crucial period to build a moderately well-off society in an all-round way. While implementing the spirit of the 18th CPC National Congress, the Third, Fourth and Fifth Plenary Sessions of the 18th CPC Central Committee and the Central Economic Work Conference, people engaging in the operation and management of foreign exchange reserves are required to seek progress while maintaining stability, make innovations, improve the bottom line thinking, and deliver a good performance in the operation and management of foreign exchange reserves in a strict and down-to-earth manner, so as to better serve the national development and ensure a good start of the 13th Five-Year Plan period.
