审议金融工作情况报告：金融机构经营和监管指标保持在合理区间

Core Insights - The report presented by the Governor of the People's Bank of China indicates that financial institutions' operational and regulatory indicators remain within a reasonable range, with total assets of financial institutions exceeding 520 trillion yuan by the end of September 2025 [1][2]. Group 1: Financial Growth and Economic Support - The financial sector has shown reasonable growth, contributing positively to economic recovery, with social financing scale and broad money supply increasing by 8.7% and 8.4% year-on-year respectively by the end of September [2]. - The average interest rate for newly issued corporate loans was 3.14%, reflecting a low financing cost environment that supports market confidence and economic recovery [2]. - From November 2024 to September 2025, 98 companies in the A-share market raised 91.8 billion yuan through initial public offerings, with 86% being private enterprises and 92% in strategic emerging industries [3]. Group 2: Risk Management and Financial Stability - The report emphasizes the establishment of a comprehensive financial support framework to mitigate risks, with a significant reduction in the number of financing platforms and the scale of operating financial debt by 71% and 62% respectively since March 2023 [4]. - The financial health of commercial banks is robust, with a capital adequacy ratio of 15.36% and a non-performing loan ratio of 1.52% as of September 2025, indicating strong loss-absorption capacity [2]. - The report outlines measures to enhance the macro-prudential management of real estate finance, including lowering down payment ratios and mortgage rates to stabilize the housing market [4]. Group 3: Future Financial Strategies - The next steps include promoting the opening of financial services and markets, facilitating trade and investment, and advancing the internationalization of the renminbi [4]. - The report highlights the importance of developing a cross-border payment system and monitoring the impact of overseas economic conditions on China's financial security [4].