Recently, the Central Committee of the Communist Party of China (CPC) and the State Council issued the "Party and State Institutional Reform Plan", and issued a notice requiring all regions and departments to earnestly implement it based on actual conditions. The full text of the "Party and State Institutional Reform Plan" is as follows. It has provided a strong guarantee for the historic achievements and changes in the cause of the Party and the country, and has accumulated valuable experience in continuing to deepen the reform of the Party and state institutions. In the face of the new tasks posed by the new era and new journey, the institutional setup and functional allocation of the Party and the state are not yet fully adapted to the requirements of comprehensively building a modern socialist country and promoting the great rejuvenation of the Chinese nation, to the requirements of modernizing the country's governance system and capacity, and to the requirements of constructing a high-level socialist market economic system, On the basis of consolidating the achievements of the reform of the Party and state institutions, it is necessary to continue to deepen the reform, adjust and improve the institutional mechanisms and institutional responsibilities. Deepening the reform of party and state institutions aims to build a functional system of party and state institutions with complete systems, scientific norms, and efficient operation. The 20th National Congress of the Communist Party of China made important arrangements for deepening institutional reform, which is of great and far-reaching significance for comprehensively building a socialist modern country and comprehensively promoting the great rejuvenation of the Chinese nation. Adhere to the issue oriented approach, coordinate the Party's central organs, the National People's Congress, the State Council, and the National Committee of the Chinese People's Political Consultative Conference, coordinate the central and local authorities, deepen institutional reform in key areas, and promote the Party's leadership of socialist modernization to be more scientific in institutional settings, more optimized in the allocation of functions, more perfect in institutional mechanisms, and more efficient in operational management. 1、 Deepening the Institutional Reform of the Party Central Committee (1) Establishing the Central Financial Committee. Strengthen the centralized and unified leadership of the Party Central Committee on financial work, be responsible for the top-level design, overall coordination, overall promotion, and supervision of the implementation of financial stability and development, study and review major policies and issues in the financial field, and serve as the decision-making and coordination body of the Party Central Committee. The Office of the Central Financial Commission shall be established as the administrative organ of the Central Financial Commission and listed in the Party Central Committee's institutional sequence. The Financial Stability and Development Commission of the State Council and its administrative bodies will no longer be retained. The responsibilities of the Office of the Financial Stability and Development Commission of the State Council will be transferred to the Office of the Central Financial Commission. （2） Establish the Central Financial Working Committee. Unify lead the work of the Party in the financial system, guide the political construction and thinking of the Party in the financial system
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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