According to preliminary statistics, financial institutions’ total assets reached 332.94 trillion yuan at end-Q1, 2020, up 9.8 percent year on year. Specifically, banking institutions’ total assets registered 302.39 trillion yuan, up 9.5 percent year on year; securities institutions’ total assets reached 8.83 trillion yuan, up 13.5 percent year on year; insurance institutions’ total assets reached 21.72 trillion yuan, up 13.7 percent year on year.

Financial institutions’ total liabilities reached 302.59 trillion yuan, up 9.5 percent year on year. Specifically, banking institutions’ total liabilities registered 276.91 trillion yuan, up 9.1 percent year on year; securities institutions’ total liabilities reached 6.46 trillion yuan, up 15.6 percent year on year; insurance institutions’ total liabilities reached 19.22 trillion yuan, up 14.1 percent year on year.

Table: Financial Institutions’ Balance Sheet at end-Q1, 2020

Notes:

1. The total assets, liabilities and owners’ equity of financial institutions are the aggregates of relevant indexes of banking, securities and insurance institutions. Specifically, banking institutions refer to incorporated financial institutions (overseas branches included), excluding the central bank. Securities institutions include securities, futures and fund companies. Total assets of securities and futures companies include their own assets and their customers’. Insurance institutions include property insurance, life insurance, reinsurance, insurance groups and insurance asset management companies.

2. In the calculation of financial institutions’ balance sheet, data are from the PBC, the CBIRC and the CSRC.

3. The above-mentioned year-on-year statistics are on a comparable basis.

4. The data of financial assets investment companies are included in the total statistics of banking institutions by CBIRC since 2020.