Core Insights - The total assets of China's banking financial institutions reached 458.3 trillion yuan at the end of Q1 2025, reflecting a year-on-year growth of 6.7% [1] Banking Sector - Large commercial banks accounted for 198.5 trillion yuan in total assets, with a year-on-year increase of 7.3%, representing 43.3% of the total [1] - Joint-stock commercial banks had total assets of 75.5 trillion yuan, growing by 5.2% year-on-year, which constitutes 16.5% of the total [1] Insurance Sector - The total assets of the insurance industry (excluding specialized insurance intermediaries) reached 37.8 trillion yuan, increasing by 1.9 trillion yuan since the beginning of the year, marking a growth of 5.4% [1] - Property insurance companies reported total assets of 3.1 trillion yuan, with a growth of 6.2% since the beginning of the year [1] - Life insurance companies had total assets of 33.1 trillion yuan, reflecting a year-on-year growth of 4.8% [1] - Reinsurance companies' total assets reached 842.3 billion yuan, growing by 1.7% since the beginning of the year [1] - Insurance asset management companies reported total assets of 132.6 billion yuan, with a growth of 3.8% since the beginning of the year [1]