In Finance, What Is a Work In Progress?

The National Financial Work Conference is a major institutional arrangement made to ensure the stability of macro financial policies and the sustainability of financial reforms. It is usually held once every five years and has been held five times so far. Except for the first meeting at the end of 1997, it is usually held at the beginning of the central government's general election year. The meeting set the tone for China's next series of major financial reform issues and announced major measures such as corresponding institutional reforms. It is a major institutional arrangement made to ensure the stability of macro financial policies and the sustainability of financial reforms.

National Financial Work Conference

The National Financial Work Conference is a major institutional arrangement made to ensure the stability of macro financial policies and the sustainability of financial reforms. It is usually held once every five years and has been held five times so far. Except for the first meeting

time	frequency		main content
July 14-15, 2017	the fifth time		The conference made major deployments around the financial work themes of serving the real economy, preventing and controlling financial risks, and deepening financial reforms.
January 6-7, 2012	the fourth time		This meeting analyzed the new situation facing the current financial reform, opening up and development, and made arrangements for financial work in the coming period.
January 19-20, 2007	the third time		The meeting proposed to continue to deepen the reform of state-owned commercial banks, speed up the construction of a modern banking system, steadily and orderly advance the reform of the Agricultural Bank of China's joint-stock system, and promote policy-based banking reforms; .
February 5-7, 2002	the second time		This National Financial Work Conference focused on "the bank must be established as a modern financial enterprise", "the state-owned wholly-owned commercial banks that have the conditions can be reorganized into state-controlled joint-stock commercial banks, and those that are mature can be listed" The reform mentioned important positions.
November 17-19, 1997	the first time		The meeting proposed that we should strive to establish a financial institution system, financial market system, and financial regulation and supervision system that are compatible with the development of the socialist market economy in about three years, and basically achieve a marked improvement in the national financial order and resolve financial risks; Pace of commercialization, and improve a multi-level and multi-type financial institution system. [4]