China Banking and Insurance Regulatory Commission: At the end of the third quarter, the total assets of financial institutions in China's banking industry in both domestic and foreign currencies were 47.43 trillion yuan, a year-on-year increase of 7.9%.
On November 14th, the China Banking and Insurance Regulatory Commission released data showing that by the end of the third quarter of 2025, the total asset value of domestic and foreign currency assets of China's banking financial institutions reached 47.43 trillion yuan, an increase of 7.9% year-on-year.
On November 14, the China Banking and Insurance Regulatory Commission released data showing that by the end of the third quarter of 2025, the total assets of banking financial institutions in China in both domestic and foreign currencies amounted to 47.43 trillion yuan, a year-on-year increase of 7.9%. Among them, the total assets of large commercial banks in both domestic and foreign currencies reached 20.81 trillion yuan, a year-on-year increase of 10%, accounting for 43.9%; the total assets of joint-stock commercial banks in both domestic and foreign currencies reached 7.62 trillion yuan, a year-on-year increase of 4.7%, accounting for 16.1%.
By the end of the third quarter of 2025, the total assets of insurance companies and insurance asset management companies amounted to 4.04 trillion yuan, an increase of 450 billion yuan from the beginning of the year, an increase of 12.5%. Among them, property insurance companies had assets of 320 billion yuan, an increase of 9.9% from the beginning of the year; life insurance companies had assets of 3.54 trillion yuan, an increase of 12.3% from the beginning of the year; reinsurance companies had assets of 861.5 billion yuan, an increase of 4.1% from the beginning of the year; and insurance asset management companies had assets of 138.8 billion yuan, an increase of 8.7% from the beginning of the year.
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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

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