SASAC Holds Flag-raising Ceremony to Mark Party's Centenary

The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held a flag-raising ceremony and organized a renewal of the Party admission oath by its Party members on the morning of June 30 in celebration of the July 1 centenary of the founding of the Communist Party of China (CPC).

Hao Peng, Secretary of the CPC Committee and Chairman of SASAC, said in his speech that SASAC must follow the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, strengthen the awareness of the need to maintain political integrity, think in big-picture terms, follow the leadership core and keep in alignment with the central Party leadership, remain confident in the path, theory, system and culture of socialism with Chinese characteristics, uphold General Secretary Xi Jinping's core position on the CPC Central Committee and in the Party as a whole, uphold the CPC Central Committee's authority and its centralized, unified leadership, and stay true to the Party's founding mission. They must also embark on a new journey, create brighter glory, remain committed to supporting state-owned enterprises (SOEs) to become bigger, stronger and more competitive in the market, fully leverage the role of the state-owned sector in the market as strategic support for national development, accelerate the building of world-class enterprises, and lead state-owned capital and SOEs to write a brighter chapter in the historic course of the realization of the Chinese dream of national rejuvenation.

Chen Chaoying, a member of the Standing Committee of the 19th CPC Central Commission for Discipline Inspection (CCDI), a member of the National Commission of Supervision (NCS), Chief Inspector of the Discipline Inspection and Supervision Office of CCDI and NCS at SASAC, and a member of the CPC Committee of SASAC, presided over the ceremony. Those in attendance at the event included other members of the CPC Committee of SASAC, former senior officials of SASAC, deputy ministerial-level officials, deputy secretary-general, members of the Discipline Inspection and Supervision Office of CCDI and NCS at SASAC, and all employees from functional departments and affiliated organizations of SASAC.

SASAC holds a flag-raising ceremony and organizes a renewal of the Party admission oath by its Party members on the morning of June 30 in celebration of the July 1 centenary of the founding of the CPC. [Photo/sasac.gov.cn]

During the flag-raising ceremony, attendees sang the national anthem and expressed their common wish that China will become more prosperous and stronger under the firm leadership of the CPC.

SASAC holds a flag-raising ceremony and organizes a renewal of the Party admission oath by its Party members on the morning of June 30 in celebration of the July 1 centenary of the founding of the CPC. [Photo/sasac.gov.cn]

Hao led all Party members of SASAC to reread their Party admission oath, further demonstrating their loyalty and that of the CPC Committee of SASAC to the Party as well as their confidence and determination to always follow the Party's leadership.

SASAC holds a flag-raising ceremony and organizes a renewal of the Party admission oath by its Party members on the morning of June 30 in celebration of the July 1 centenary of the founding of the CPC. [Photo/sasac.gov.cn]

Hao said that the past 100 years were a glorious process of the CPC-led endeavors to fight for national independence and build the country. The Party has firmly stayed true to its founding mission and led the Chinese people in embarking on the path of socialism with Chinese characteristics, accomplishing great deeds, forming a great spirit and accumulating valuable experiences. It has written a glorious chapter in the historic course of China's national development and the development of human society.

As the eldest "sons" of the country and the pillars of building China into a great power, SOEs have played an important role in economic and social development, scientific progress, national defense and the improvement of people's livelihoods, and have made huge contributions to the realization of the Party's first centenary goal of building a moderately prosperous society in all respects. As the guardian of state-owned capital and the promoter of the reform and development of SOEs, SASAC should firmly follow the leadership of the Party, support SOEs to become bigger, stronger and more competitive, preserve and increase the value of state-owned capital, utilize high-quality Party building to spur high-quality development, and contribute all its strength to further consolidating the material and political foundation to guarantee the Party's leadership and development of the country.

SASAC holds a flag-raising ceremony and organizes a renewal of the Party admission oath by its Party members on the morning of June 30 in celebration of the July 1 centenary of the founding of the CPC. [Photo/sasac.gov.cn]

Hao emphasized that at the new historical starting point of the realization of the Party's first centenary goal of building a moderately prosperous society in all respects, both SASAC and its employees should further strengthen their faith, confidence in and loyalty to the Party, become a reliable force at the forefront of upholding General Secretary Xi Jinping's core position on the CPC Central Committee and in the Party as a whole and safeguard the CPC Central Committee's authority and its centralized, unified leadership, implement the policies and arrangements of the CPC Central Committee as well as the spirit of important instructions by General Secretary Xi, stay true to its mission, do the utmost to better serve the people, and adhere to a people-oriented approach.

SASAC and its employees should put the people first, safeguard and manage well their common interests, achieve common prosperity, press ahead with a greater spirit of sacrifice and sense of responsibility, pass on revolutionary traditions, promote the high-quality development of SOEs with higher morale, be committed and honest in performing official duties, engage in self-revolution, follow fine political conduct, and become a qualified and competent guardian of state-owned capital. Struggles are the best salute to the centenary of the CPC's founding, said Hao.

At the conclusion of the ceremony all participants rose to sing the chorus of the song Without the Communist Party, There Would Be No New China.

SASAC holds a flag-raising ceremony and organizes a renewal of the Party admission oath by its Party members on the morning of June 30 in celebration of the July 1 centenary of the founding of the CPC. [Photo/sasac.gov.cn]

They said that it was inspiring for them to attend such a special ceremony and renew their Party admission oath ahead of the Party's centenary and pledged that they would further the study and implementation of the spirit of important speeches of General Secretary Xi, consider both domestic and external situations in a coordinated way, keep abreast of national development, take part in the Party-wide campaign on CPC history learning and education, pass on revolutionary beliefs and traditions, remain true to their original aspiration, be prepared to accept new missions, integrate personal dreams and values with the development of state-owned capital and SOEs, persist in high morale, and stay committed to serving the people as pioneers in the new era and guardians of state-owned capital.

(Executive editor: Hao Wen)