深圳商报记者 钟国斌 潘功胜表示，"十四五"期间，科技型中小企业贷款、普惠小微贷款、绿色贷款年均增速超过20%。特别 是2024年9月中央政治局会议以来，人民银行按照中央部署，出台了一系列货币金融政策举措，有效稳 定市场预期、提振信心，推动经济持续回升向好和高质量发展。 同时，我国在绿色金融、普惠金融、数字金融等方面走在世界前列，基本建成多渠道、广覆盖、安全高 效的人民币跨境支付清算网络，移动支付处于国际领先水平。 为实体经济提供资金170万亿元 李云泽介绍，"十四五"以来，金融运行总体稳健，不良贷款、资本充足、偿付能力等主要监管指标稳中 向好。五年来，我国银行业保险业总资产超过500万亿元，五年来平均增长近9%，全球最大信贷和第二 大保险市场地位更加稳固。 A股科技板块市值占比超过1/4 国务院新闻办公室9月22日下午3时举行"高质量完成'十四五'规划"系列主题新闻发布会，中国人民银行 行长潘功胜，金融监管总局局长李云泽，证监会主席吴清，中国人民银行副行长、国家外汇局局长朱鹤 新介绍"十四五"时期金融业发展成就，并答记者问。 我国银行业总资产位居世界第一 潘功胜介绍，"十四五"期间，我国金融事业取得新的重大 ...

Financial Sector - 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 [2] - The total assets of the banking and insurance sectors exceed 500 trillion yuan, with an average annual growth of 9% over the past five years [2] - The A-share technology sector now accounts for over 25% of the total market capitalization, with long-term funds holding approximately 21.4 trillion yuan in A-share market value, a 32% increase since the end of the 13th Five-Year Plan [2] Military and Defense - The Chinese Navy's J-15T, J-35, and KJ-600 carrier-based aircraft have successfully completed their first catapult launches and landings on the Fujian aircraft carrier, marking a significant milestone in naval development [3] Economic Policy and Regulation - The People's Bank of China has maintained the 1-year LPR at 3% and the 5-year LPR at 3.5% for four consecutive months, with potential for new interest rate cuts in the fourth quarter [4] - The Ministry of Finance is guiding local governments to implement a series of policies to support debt management and financing platform reforms [4] Capital Markets - The China Securities Regulatory Commission is accelerating the implementation of comprehensive capital market reforms, including improvements to the Sci-Tech Innovation Board and the Growth Enterprise Market [5] - A-shares saw collective gains, with the Shanghai Composite Index rising 0.22% to 3828.58 points, and the ChiNext Index increasing by 0.55% [5] Real Estate - The real estate sector is experiencing a decline in inventory value, with a total of 8.14 trillion yuan reported for major developers in the first half of 2025, down 4.6% from the end of 2024 [9] Steel Industry - The steel industry aims for an average annual growth of around 4% over the next two years, focusing on precise capacity control and prohibiting new capacity additions [8] Technology and Innovation - OpenAI is reportedly collaborating with companies like Luxshare Precision to develop consumer-grade AI devices, although specific details remain unconfirmed [11] - Media reports indicate that MediaTek has launched the Dimensity 9500 chip, which boasts a 33% performance increase and a 42% reduction in power consumption compared to its predecessor [11] International Relations - The U.S. and China are maintaining close communication between their leaders, with discussions ongoing regarding various issues [4]

Group 1: Open Market Operations - The central bank announced a 240.5 billion yuan 7-day reverse repurchase operation on September 22, with a fixed interest rate of 1.40% and a bid amount of 240.5 billion yuan, fully subscribed [1] - Additionally, a 300 billion yuan 14-day reverse repurchase operation was conducted using a fixed quantity and multi-price bidding method, marking the first such operation in nearly eight months [1] Group 2: Funding Conditions - The interbank market saw a continued improvement in funding conditions, with the overnight repo weighted average rate falling to around 1.42% [2] - The overnight funding quotes on the anonymous X-repo system also decreased to 1.43%, although supply remained at several hundred billion yuan [2] Group 3: Interest Rates and Debt Market - The latest one-year Loan Prime Rate (LPR) remained stable at 3.0%, while the five-year LPR also held steady at 3.5% [13] - The yield on major interbank bonds generally declined, with the 30-year futures contract rising by 0.22% and the 10-year contract increasing by 0.20% [12] Group 4: Financial Market Developments - The central bank successfully issued 60 billion yuan of 6-month central bank bills in Hong Kong at a winning rate of 1.72% [14] - The total scale of domestic bond ETFs surpassed 600 billion yuan, setting a new record [18]

Core Insights - The banking and insurance sectors in China have total assets exceeding 500 trillion yuan, with an average annual growth rate of 9% over the past five years, solidifying their position as the largest credit market and the second-largest insurance market globally [1] Group 1: Industry Strength and Growth - The comprehensive strength of the industry has significantly increased, with trust, wealth management, and insurance asset management institutions managing nearly 100 trillion yuan, doubling since the end of the 13th Five-Year Plan [2] - Chinese banks occupy six out of the top ten positions in the global top 1,000 banks, with 143 Chinese banks listed [2] - The banking and insurance sectors have provided an additional 170 trillion yuan in funding to the real economy through various means such as credit, bonds, and equity over the past five years [2] Group 2: Financial Support and Structural Optimization - The financial regulatory authority has focused on optimizing financial resource allocation, emphasizing "increasing supply, optimizing structure, and addressing shortcomings" [2] - Infrastructure loan balances reached 54.5 trillion yuan, a 62% increase from the end of the 13th Five-Year Plan [2] - Loans to high-tech enterprises have reached nearly 19 trillion yuan, with an average annual growth rate exceeding 20% [2] - A mechanism to support financing for small and micro enterprises has been established, resulting in 22 trillion yuan in loans issued since last year [2] Group 3: Risk Management and Regulatory Measures - The primary responsibility of the financial regulatory authority is to prevent and mitigate financial risks, with a focus on the orderly resolution of risks in small and medium-sized financial institutions [4] - A strategy of "stabilizing the overall situation, coordinating efforts, categorizing measures, and precise dismantling" has been implemented to achieve significant progress in risk prevention [4] - Specific measures include tailored reform plans for high-risk institutions and the promotion of mergers, restructuring, and market exits [4] - The regulatory authority has also been active in addressing risks in the real estate sector and local government debt, establishing a financing coordination mechanism for urban real estate [4] Group 4: Legislative and Regulatory Updates - The revision of the insurance law is being accelerated, with ongoing improvements to regulatory systems to keep pace with developments [5]

Core Viewpoint - The Chinese banking sector has achieved significant milestones over the past five years, with a focus on maintaining financial stability and supporting economic recovery through a supportive monetary policy framework [7][8][9]. Group 1: Banking Sector Achievements - As of June 2023, China's banking sector total assets reached nearly 470 trillion yuan, ranking first in the world [9]. - The stock and bond markets are the second largest globally, while foreign exchange reserves have maintained the top position for 20 consecutive years [7][9]. - The growth rates for loans to technology-based SMEs, inclusive small micro loans, and green loans have exceeded 20% annually during the "14th Five-Year Plan" period [9]. Group 2: Monetary Policy and Financial Stability - The People's Bank of China emphasizes a supportive monetary policy stance, aiming for liquidity sufficiency and reduced financing costs to bolster consumption and investment [8][10]. - The number of financing platforms has decreased by over 60%, and financial debt has dropped by more than 50% compared to the beginning of 2023 [10]. - The bond market has maintained a low default rate, and the overall market operation remains stable [10][11]. Group 3: Financial Services to the Real Economy - The banking and insurance sectors have provided an additional 170 trillion yuan in funding to the real economy over the past five years [12][13]. - Key areas such as scientific research loans, long-term loans for manufacturing, and infrastructure loans have seen annual growth rates of 27.2%, 21.7%, and 10.1%, respectively [13]. - The balance of inclusive small micro enterprise loans has reached 36 trillion yuan, which is 2.3 times that of the end of the "13th Five-Year Plan" [13]. Group 4: Regulatory Enhancements - The financial regulatory framework has been strengthened through comprehensive oversight, including institutional, behavioral, functional, and continuous regulation [15]. - The financial sector has effectively managed risks, with a significant reduction in high-risk institutions and assets compared to peak levels [15]. - Support for affordable housing and rental housing projects has exceeded 1.6 trillion yuan, with loans for housing construction surpassing 7 trillion yuan [15]. Group 5: Foreign Exchange Market Developments - The foreign exchange market has shown stability, with cross-border receipts and payments reaching 14 trillion USD in 2024, a 64% increase from 2020 [21]. - The trading volume in the foreign exchange market is projected to reach 41 trillion USD in 2024, reflecting a 37% growth since 2020 [21]. - The proportion of the renminbi in cross-border trade has increased from 16% to nearly 30%, indicating enhanced market resilience [21][22].

过去这5年，我国银行业保险业实现新跨越，用一组数据可以说明：银行业保险业总资产超过500万亿 元，5年来年均增长9%；信托、理财、保险资管机构管理资产近100万亿元，规模较"十三五"末翻番； 全球1000强银行中，143家中资银行上榜，前10位我国占据六席…… 9月22日，国家金融监督管理总局局长李云泽在国新办新闻发布会上表示，"十四五"时期，我国全球最 大信贷和第二大保险市场地位更加稳固，各主要监管指标均处于"健康区间"，高风险机构数量和资产规 模较峰值大幅压降，金融风险防控化解成效显著，银行业保险业应对各类挑战的基础更牢、韧性更强、 底气更足。 行业综合实力迈上新台阶，离不开监管部门精准拆弹高风险点位、夯实金融资产底层发展根基。 "当前，无论是高风险机构数量还是高风险资产规模，都较峰值大幅压降，在金融体系中占比都比较 小，风险完全可控。"李云泽指出，"十四五"期间，金融监管总局稳妥处置高风险机构、加快推进改革 转型、重拳整治金融乱象，守住了不发生系统性风险的底线。其中，金融监管总局把稳妥处置中小金融 机构风险作为重中之重，综合采取兼并重组、在线修复、市场退出等多种方式，推进实施重点地区改革 化险方案，目前 ...

本报记者 刘琪 9月22日，国务院新闻办公室举行"高质量完成'十四五'规划"系列主题新闻发布会，介绍"十四五"时期金融业发展成就。 国家金融监督管理总局（以下简称"金融监管总局"）局长李云泽在发布会上表示，"十四五"以来，从原银保监会到金融监 管总局，认真落实党中央、国务院决策部署，深入践行金融工作的政治性、人民性，全面完成"十四五"规划的目标任务，助力 金融强国建设迈出坚实步伐。 一是行业高质量发展实现新跨越。综合实力更加雄厚。目前银行业保险业总资产超过500万亿元，5年来年均增长9%，全 球最大信贷和第二大保险市场地位更加稳固。信托、理财、保险资管机构管理资产近100万亿元，规模较"十三五"末翻了一 番。全球1000强银行中，143家中资银行上榜，前10位我国占据6席。改革开放持续深化。多层次、广覆盖、差异化的金融机构 体系日益完善。大型机构主力军和压舱石地位和作用更加突出，中小机构服务当地、特色发展取得实效。全球前50大银行有43 家在华设立机构，40家最大的保险公司半数已进入中国。金融运行总体稳健。不良贷款、资本充足、偿付能力等主要监管指标 稳中向好，均处于"健康区间"。5年来处置不良资产较"十三五" ...

Group 1: Corporate Actions and Financial Performance - Listed companies in China have significantly increased their return to investors through dividends and buybacks, totaling 10.6 trillion yuan over the past five years, which is an increase of over 80% compared to the previous five-year period [1] - The amount distributed through dividends and buybacks is 2.07 times the total amount raised through IPOs and refinancing during the same period [1] Group 2: Economic and Industry Outlook - The banking and insurance sectors have provided an additional 170 trillion yuan to the real economy over the past five years, with significant growth in loans for scientific research (27.2%), manufacturing (21.7%), and infrastructure (10.1%) [1] - The steel industry in China has set an average annual growth target of around 4% for the next two years, with strict prohibitions on new capacity additions to ensure structural adjustments and high-quality development [2] Group 3: Commodity Market Trends - Gold prices have reached a new high, with spot gold surpassing 3,720 USD per ounce [3]

Core Insights - The insurance industry has achieved significant milestones during the "14th Five-Year Plan" period, including a reduction in comprehensive cost ratios to the lowest level in nearly a decade and substantial growth in risk coverage provided by technology insurance [1][3]. Group 1: Insurance Industry Performance - The insurance sector has cumulatively paid out 9 trillion yuan in claims during the "14th Five-Year Plan," marking a 61.7% increase compared to the "13th Five-Year Plan" [3]. - Agricultural insurance has provided risk coverage for 800 million farming households, while commercial health and pension insurance have accumulated reserves of 11 trillion yuan [3]. - The comprehensive cost ratio for property insurance companies has reached its lowest level in nearly ten years, with expense ratios hitting a 20-year low [7]. Group 2: Risk Coverage and Support - The insurance industry has played a crucial role in disaster response, with over 150 billion yuan paid out for natural disasters such as floods and earthquakes during the "14th Five-Year Plan" [4]. - The introduction of comprehensive catastrophe insurance trials in over 20 provinces has strengthened the disaster prevention and mitigation framework [4]. - The coverage of major grain insurance and planting income insurance has been expanded nationwide, enhancing risk protection for agricultural sectors [4]. Group 3: Investment and Market Stability - Insurance funds have invested over 5.4 trillion yuan in stocks and equity funds, representing an 85% increase from the end of the "13th Five-Year Plan" [5]. - The insurance sector has provided 170 trillion yuan in new funds to the real economy through various investment channels, including credit and bonds [5]. - The scale of long-term stock investment trials for insurance funds has reached 222 billion yuan, indicating a growing presence in the capital market [6]. Group 4: Future Trends and Developments - The trend of reducing costs and increasing efficiency in the insurance industry is expected to continue, with significant cost reductions already achieved [7]. - The implementation of "reporting and operation integration" in non-auto insurance is anticipated to support the industry's transition to high-quality development [7]. - Policies encouraging insurance funds to increase equity investments are expected to stabilize the capital market and promote rational investment practices [7].

"高风险机构数量及高风险资产规模较峰值大幅压降""相当部分省份已实现高风险中小机构'动态清零'""中小金 融机构减量提质成效明显"……在9月22日国务院新闻办公室举行的"高质量完成'十四五'规划"系列主题新闻发 布会上，国家金融监督管理总局局长李云泽通过一系列成果，勾勒出过去五年间金融风险防范化解、银行业 服务实体经济、监管体系升级的阶段性成效。 高风险机构数量及资产规模大幅压降 防范化解金融风险是金融工作的永恒主题。李云泽明确："'十四五'时期，我们始终把防范化解金融风险作为 监管部门的首位主责，把稳妥处置中小金融机构风险作为重中之重。" 为稳妥处置高风险机构，监管部门推动重点地区"一省一策"形成改革化险方案，通过综合采取兼并重组、在线 修复、市场退出等多种方式，有力有序推进实施工作。从实际成效看，当前无论是高风险机构数量还是高风 险资产规模，都较峰值大幅压降，在金融体系中占比都比较小，风险完全可控。相当部分省份已实现高风险 中小机构"动态清零"。 从银行业保险业整体情况来看，不良贷款、资本充足、偿付能力等主要监管指标稳中向好，均处于"健康区 间"。五年来处置不良资产较"十三五"时期增长超40%。行业抵御风 ...