Xi says Party needs strict governance

Xi warned that the fight between corruption and anti-corruption will continue to exist over the long term and any complacency could mean forfeiting all previous endeavors, saying that forging ahead in spite of difficulties is the only option during the anti-graft fight.

He called for forceful political supervision to ensure full implementation of the major decisions and plans of the CPC Central Committee. It is important to refine oversight and accountability mechanisms to bolster supervision over the implementation of the new development philosophy, the fostering of a new development paradigm and promoting high-quality development, he said.

He urged financial regulatory bodies and local authorities to assume their responsibility and better align anti-graft endeavors in the financial sector and the diffusing of financial risks in a bid to enforce stronger oversight and internal governance in the sector.

Xi called for resolute action to target the practice of formalities for formalities' sake and bureaucratism, with steps to promote the Party's fine tradition and education in its work style.

Continuous effort must be made to crack down on corruption at the primary level so that the people will have a greater sense of gain during the anti-graft process, he said.