Assets of Financial Sector Institutions in China Total $45.12 Trillion at end of 2019

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China’s financial sector assets have seen a six trillion yuan increase over the past quarter alone.

Preliminary data indicates that as of the end of 2019, Chinese financial sector institutions had total assets of 318.69 trillion yuan (approx. USD$45.12 trillion), for a YoY rise of 8.6%, and total liabilities of 289.43 trillion yuan, for a YoY rise of 8.1%.

Fig­ures re­leased by the Peo­ple’s Bank of China (PBOC) on 12 De­cem­ber previously indicated that the to­tal as­sets of Chi­nese fi­nan­cial sec­tor in­sti­tu­tions was 312.46 tril­lion yuan (ap­prox. USD$44.8 tril­lion) as of the end of the third quar­ter, for YoY growth of 8.1%. 

As of the end of 2019 banking sector institutions in China had total assets of 290 trillion yuan, for a YoY rise of 8.1%, securities institutions had total assets of 8.12 trillion yuan, for a YoY rise of 16.6% and insurance sector institutions had total assets of 20.56 trillion yuan, for a YoY rise of 12.2%.

Banking sector institutions had total liabilities of 265.54 trillion yuan, for a YoY rise of 7.7%, and securities sector institutions had total liabilities of 5.81 trillion yuan, for a YoY rise of 20.4%. Insurance sector institutions had total liabilities of 18.08 trillion yuan, for a YoY rise of 10.8%.

Assets and liabilities of Chinese financial institutions as of the end of 2019

Balance (trillion yuan)Year-on-Year growth (%)
Financial sector assets318.698.6
Banking sector assets290.008.1
Securities sector assets8.1216.6
Insurance sector assets20.5612.2
Financial sector liabilities289.438.1
Banking sector liabilities265.547.7
Securities sector liabilities5.8120.4
Insurance sector liabilities18.0810.8
Financial sector ownership rights29.2513.4
Banking sector ownership rights24.4713.0
Securities sector ownership rights2.318.1
Insurance sector ownership rights2.4823.1

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