According to the data released by the CBRC today, by the end of the third quarter of 2021, the total assets of China's banking and insurance industries will grow steadily, and the domestic and foreign currency assets of banking financial institutions will be 339.4 trillion yuan, up 7.7% year on year. The total assets of insurance companies were 24.3 trillion yuan, an increase of 2.0 trillion yuan or 9.0% over the beginning of the year. At the same time, the quality of credit assets of commercial banks is basically stable. In the first three quarters of 2021, the non-performing loan ratio of commercial banks is 1.75%, down 0.01 percentage point from the end of last quarter; The profit of commercial banks continued to recover steadily, and the accumulated net profit of commercial banks was 1.7 trillion yuan, up 11.5% year on year.

At the same time, the data show that the banking and insurance industries continue to strengthen financial services. At the end of the third quarter of 2021, the loan balance of banking financial institutions for small and micro enterprises was 48.9 trillion yuan, of which the loan balance of inclusive small and micro enterprises with a total credit amount of 10 million yuan or less for a single household was 18.5 trillion yuan, an increase of 25.2% year on year. The loan for affordable housing projects was 6.5 trillion yuan. The original insurance premium income of insurance companies was 3.7 trillion yuan, up 3.3% year on year. The compensation and payment expenditure was 1.2 trillion yuan, up 18.1% year on year. The number of newly added insurance policies in the first three quarters of 2021 is 34.5 billion, down 3.0% year on year.