Core Insights - The corporate credit index in China for Q3 2025 is reported at 161.66, indicating a stable and improving credit level overall [1] - The index decreased by 0.63 points from Q2 but is still 0.85 points higher than Q1, reflecting a resilient credit environment despite external pressures [1] - In September, the corporate credit index was 162.29, showing a slight decline of 0.31 points from August, yet the number of companies listed in the operational anomaly directory decreased [1] Regional Analysis - The top five provinces in terms of credit index for Q3 are Anhui, Beijing, Chongqing, Tianjin, and Shaanxi, with most regions showing slight fluctuations [1] - In September, the leading provinces shifted slightly to Anhui, Chongqing, Shaanxi, Beijing, and Zhejiang, with Guangdong showing a significant increase in its index ranking [1] Industry Analysis - The top five industries by credit index in Q3 are leasing and business services, accommodation and catering, manufacturing, information transmission, software and IT services, and culture, sports, and entertainment [2] - Notably, the agriculture, forestry, animal husbandry, and fishery sectors, as well as the mining industry, saw significant increases in their credit indices compared to Q2 [2] - In September, the leading industries were finance, electricity, heat, gas, and water production and supply, education, water conservancy, environment and public facilities management, and manufacturing [2]

Core Insights - The corporate credit index in China for Q3 2025 is reported at 161.66, indicating overall stability and a positive development trend in corporate credit levels [1] - In September, the corporate credit index was 162.29, showing a slight decline of 0.31 points from August, yet the number of newly listed companies in the operating abnormality directory decreased, suggesting resilience in corporate credit despite external pressures [1] Group 1: Corporate Credit Levels - The corporate credit index decreased by 0.63 points from Q2 but is still 0.85 points higher than Q1, indicating a generally high level of corporate credit [1] - The corporate credit level has shown slight fluctuations between quarters but remains at a high level, continuing a long-term positive trend [1] - The proportion of high and higher credit risk companies has decreased, reflecting a stable corporate credit environment [1] Group 2: Regional Credit Levels - The top five provinces in terms of credit index for Q3 are Anhui, Beijing, Chongqing, Tianjin, and Shaanxi, with most regions showing slight fluctuations [1] - In September, the top five provinces were Anhui, Chongqing, Shaanxi, Beijing, and Zhejiang, indicating a stable performance across most regions [1] - Guangdong province showed a significant increase in its credit index, with a notable rise in its ranking [1] Group 3: Industry Credit Levels - The top five industries in terms of credit index for Q3 are leasing and business services, accommodation and catering, manufacturing, information transmission, software and IT services, and culture, sports, and entertainment [2] - The agricultural, forestry, animal husbandry, and fishery sectors, as well as the mining industry, have seen significant increases in their credit indices compared to Q2 [2] - In September, the leading industries by credit index were finance, electricity, heat, gas, and water production and supply, education, water conservancy, environment, and public facilities management, and manufacturing [2]

Core Insights - The corporate credit index in China for Q3 this year is 161.66, indicating a stable and improving credit level overall [1] Group 1: Provincial Rankings - The top five provinces in terms of credit index are Anhui, Beijing, Chongqing, Tianjin, and Shaanxi [1] Group 2: Industry Rankings - The top five industries based on credit index are leasing and business services, accommodation and catering, manufacturing, information transmission, software and IT services, and culture, sports, and entertainment [1]

Core Insights - In July, China's enterprise credit index stood at 160.10, showing a slight decline due to complex external environments and adverse domestic weather conditions, but overall remains at a high operational level [1] - The index decreased by 2.35 points from June, influenced by an increase in the number of enterprises listed in the abnormal operation directory, although the overall credit level remains resilient [1] Regional Performance - The top five regions in terms of credit index in July were Beijing, Anhui, Tianjin, Chongqing, and Shaanxi, with Beijing's index rising and reclaiming the top position nationally [1] - Most regions experienced a decline in credit index, with Tianjin and Fujian showing smaller declines and significant improvements in rankings [1] Industry Performance - The top five industries by credit index in July were finance, electricity, heat, gas, and water production and supply, residential services, repair and other services, manufacturing, and water conservancy, environment, and public facilities management [1] - Despite a general decline across industries, the agriculture, forestry, animal husbandry, and fishery sector saw a significant rise in its index, while the mining industry experienced growth, indicating a positive trend [1]

Core Insights - The Chinese enterprise credit index for July is reported at 160.10, indicating a slight decline due to complex external environments and extreme weather, but it remains at a high level overall [1] Regional Analysis - The top five regions in terms of credit index in July are Beijing, Anhui, Tianjin, Chongqing, and Shaanxi. Beijing's credit index has increased month-on-month, regaining the top position nationally. Most regions have experienced a month-on-month decline in credit index, with Tianjin and Fujian showing smaller declines and significant ranking improvements [1] Industry Analysis - The top five industries by credit index in July are finance, electricity, heat, gas, and water production and supply, residential services, repair and other services, manufacturing, and water conservancy, environment, and public facilities management. Despite a general decline across most industries, the agriculture, forestry, animal husbandry, and fishery sector has seen a significant rise in its index, while the mining industry has also shown growth, indicating a positive trend [1]

Core Insights - The China Enterprise Credit Index for July is reported at 160.10, showing a slight decline due to external complexities and adverse domestic weather conditions, yet it remains at a high operational level [1] - The index decreased by 2.35 points from June, influenced by an increase in newly listed enterprises, although the overall credit level of enterprises remains stable [1] Regional Analysis - The top five provinces in terms of credit index for July are Beijing, Anhui, Tianjin, Chongqing, and Shaanxi [1] - Beijing's credit index increased month-on-month, regaining the top position nationally, while most regions experienced a decline, with Tianjin and Fujian showing smaller decreases and significant ranking improvements [1] Industry Analysis - The leading industries by credit index in July are finance, electricity, heat, gas, and water production and supply, residential services, repair and other services, manufacturing, and water conservancy, environment, and public facilities management [1] - Despite a general decline across industries, the agriculture, forestry, animal husbandry, and fishery sector saw a significant rise in its index, while the mining industry experienced growth, indicating a positive trend [1]