State Administration of Financial Regulation: Total assets of the banking and insurance industries continue to grow.

The China Banking and Insurance Regulatory Commission released the data on the main regulatory indicators of the banking and insurance sectors for the fourth quarter of 2025. By the end of the fourth quarter of 2025, the total assets of financial institutions in China's banking industry in both domestic and foreign currencies reached 48 trillion yuan, an increase of 8.0% year-on-year. Among them, the total assets of large commercial banks in both domestic and foreign currencies were 21.08 trillion yuan, an increase of 10.8% year-on-year, accounting for 43.9%; the total assets of joint-stock commercial banks in both domestic and foreign currencies were 7.78 trillion yuan, an increase of 4.8% year-on-year, accounting for 16.2%. By the end of the fourth quarter of 2025, the total assets of insurance companies and insurance asset management companies were 4.13 trillion yuan, an increase of 15.1% over the beginning of the year. Among them, property insurance companies had assets of 310 billion yuan, an increase of 7.5% over the beginning of the year; life insurance companies had assets of 3.64 trillion yuan, an increase of 15.4% over the beginning of the year; reinsurance companies had assets of 857.3 billion yuan, an increase of 3.5% over the beginning of the year; insurance asset management companies had assets of 145.6 billion yuan, an increase of 14% over the beginning of the year.