According to preliminary statistics, the total assets of financial institutions reached 381.95 trillion yuan at end-2021, increasing 8.1 percent year on year. Specifically, the assets of banking institutions registered 344.76 trillion yuan, increasing 7.8 percent year on year; those of securities institutions reached 12.3 trillion yuan, growing 21.2 percent year on year; those of insurance institutions reached 24.89 trillion yuan, growing 6.8 percent year on year.

The total liabilities of financial institutions reached 346.58 trillion yuan, increasing 7.9 percent year on year. Specifically, the liabilities of banking institutions registered 315.28 trillion yuan, increasing 7.6 percent year on year; those of securities institutions reached 9.35 trillion yuan, increasing 24.4 percent year on year; those of insurance institutions reached 21.96 trillion yuan, growing 6.9 percent year on year.

Annex: The Balance Sheet of Financial Institutions at end-2021

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. The total assets of securities and futures companies include their own assets and those of 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. Since the year 2020, the CBIRC has incorporated financial assets investment companies into the “banking institutions” statistics.

4. As some of the insurance institutions are currently in the risk resolution stage, they are temporarily excluded from the statistics starting from June 2021.