Director Wang Chuanhong’s Investigation and Research at TME
Updated:2014-07-30 From: Views: 3302
Firstly, Director Wang looked around TME’s premises for business, asking about the listed products and corresponding business transactions, and then listened to a work report on TME in the meeting room.
Secondly, he fully affirmed the important role of TME in the course of Sichuan’s factor and capital market construction, hinting that there would be a big space for future development of TME, which would further promote both development of Sichuan’s real economy and financial industry, and propel an establishment of Western China’s financial center. He also expected that TME properly handle the relationship between market orientation and market function just to maintain a sustainable development.
Thirdly, he put forward his three requirements for TME’s future development :
(a)To push forward all tasks in a pragmatic way. Namely, to adopt effective measures based on the Exchange’s established goals, and to bring about proactive product development, market expansion, advantage utilization in order to augment core competitiveness;
(b) To strengthen the team building to improve governance level. i.e. to establish a modern enterprise system by giving full play to roles of the board of supervisors, the board of directors, the general meeting of shareholders, as well as the management team. Moreover, to improve the existing rules and regulations following state laws and regulations, so as to run and manage TME in a legitimate manner. to intensify an enterprise culture oriented cultivation and bring about an exchange which would own a clear-cut definition of rights and responsibilities, a sound management system, and an efficient operation of the exchange governance mechanism;
(c) To perfect system design, that is, to improve on risk management and risk control, thus to reinforce a risk management staring at the system design level to avoid any risk of exposure and to completely guard against a financial risk for a long run.
Mr. Zhang Shaolu. deputy director of the provincial financial affairs office, and Madam Fu Yu, chief of capital market department joined in the investigation and research.