We must remember that in a world divided by nation states, there is no natural constituency for the global economy. But as the October crisis has shown, the global economy as an entity is more important than ever. We should not allow a situation to develop where decisions essential for global prosperity fall through the cracks.
And only by doing so can we get over the long-standing bad habits of courting promotion through personal relationships and eradicate corruption in the personnel system. 3. We shall strengthen the reform of the system of hiring financial practitioners, in a bid to ensure that financial enterprises are governed by qualified Board and that qualified talents provide financial services to the public.