Top watchdogs tell China's finance sector to follow Communist Party values

China's financial watchdogs, as reported in the official newspaper, have pledged to continue enforcing adherence to Communist Party values and ensuring the financial sector serves the economy without taking "excessive" and "reckless" risks. Emphasizing President Xi Jinping's dissatisfaction with the financial sector, the party's financial policy body and ideology taskforce called for strict supervision and urged market players to avoid reckless actions.
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