Core Insights - The financial sector in China has achieved significant milestones during the "14th Five-Year Plan" period, showcasing advancements in various areas such as green finance, inclusive finance, and digital finance [2][4]. Financial Sector Achievements - As of June 2023, China's banking sector total assets reached nearly 470 trillion yuan, ranking first globally; the stock and bond market sizes are second in the world; and foreign exchange reserves have maintained the top position for 20 consecutive years [4]. - The average annual growth rate for loans to technology-based small and medium-sized enterprises (SMEs), inclusive micro-loans, and green loans has exceeded 20% during the "14th Five-Year Plan" [6]. Funding and Investment - Over the past five years, the banking and insurance sectors have provided an additional 170 trillion yuan in funding to the real economy, effectively playing a key role in financing [7]. - The average annual growth rates for loans in scientific research and technology, medium to long-term loans for manufacturing, and infrastructure loans are 27.2%, 21.7%, and 10.1%, respectively [9]. Market Dynamics - The market capitalization of the technology sector in A-shares now accounts for over one-fourth of the total market, with the number of technology companies among the top 50 by market cap increasing from 18 to 24 since the end of the "13th Five-Year Plan" [11]. - By the end of August 2023, various types of long-term funds held approximately 21.4 trillion yuan of A-share circulating market value, representing a 32% increase from the end of the "13th Five-Year Plan" [14]. Foreign Exchange Reserves - Since the beginning of the "14th Five-Year Plan," China's foreign exchange reserves have remained stable above 3 trillion USD, with the past two years exceeding 3.2 trillion USD, serving as a crucial stabilizer for the national economy [16].
数说“十四五”成就丨我国金融事业取得新的重大成就
Xin Hua Wang·2025-09-22 12:50