Wang said that China's major task was to ensure economic growth and employment, urging financial institutions to better serve industries.
"Booming industries mean booming finance; and stable industries mean stable finance," he said.
He also pointed out that China's financial reform and opening-up should be firmly based on the bottom line that any systematic and regional financial risk was warded off.
Wang received his education at Northwest University in the city of Xi'an in the 1970s. Before that, he worked in a commune in Yan'an as one of millions of "sent-down educated youth."