The total balance assets owned by China's financial institutions hit 531.76 trillion yuan (bout 75.66 trillion U.S. dollars) by the end of the third quarter of 2025, up 8.7 percent year on year, according to statistics released by the People's Bank of China (PBOC), the country's central bank, on Friday.
In a breakdown, the assets of the banking sector took the lion's share of 474.31 trillion yuan (about 67.48 trillion U.S. dollars), up 7.9 percent over last year, while those from securities institutions and the insurance sector were 17.05 trillion yuan (about 2.43 trillion U.S. dollars) and 40.4 trillion yuan (about 5.75 trillion U.S. dollars), up 16.5 percent and 15.4 percent year on year, respectively.
Meanwhile, the liabilities of Chinese financial institutions totaled 485.85 trillion yuan (about 69.13 trillion U.S. dollars), up 8.8 percent from a year earlier.
The figures for industries of banking, securities and insurance were 435.95 trillion yuan (about 62.03 trillion U.S. dollars), 13.25 trillion yuan (about 1.89 trillion U.S. dollars) and 36.65 trillion yuan (about 5.21 trillion U.S. dollars), up 8 percent, 19.2 percent and 15.3 percent year on year, respectively.
China's financial institutions report 8.7 pct growth in total assets
Officials and exhibitors from Canada on Monday hailed the important role of the China International Consumer Products Expo (CICPE) in promoting international trade, saying it serves as a great platform for Canadian authorities and businesses to better understand Chinese consumers and market trends.
Canada is the Guest Country of Honor at the CICPE 2026, or the six CICPE.
The event, held in Haikou City of south China's tropical island province of Hainan from April 13-18, served as a key gateway for around 40 Canadian companies to access China's vast consumer market, with exhibitors showcasing a diverse range of products from premium cosmetics and health products to agriculture and pet food.
RJ Sigurdson, Minister of Agriculture and Irrigation of western Canada's Alberta province, said the expo helped him to understand the current market trends.
"It's really important for me to see what the market trends are here and to be able to maximize on those market trends. We're here to be able to have those conversations and see how we can be a better trading partner, and how we're going to be able to flow our high quality agricultural commodities into this country," said the minister.
Ji Hualei, a Canadian exhibitor who is launching a new wearable device at the expo, expressed his confidence in China's market potential.
"We have observed a clear shift of Chinese consumers' focus from one specific function of products to healthiness and sustainability. The CICPE provides an excellent platform for showcasing and launching our new products, and I think Hainan's zero-tariff policy will also offering us great resources," said the exhibitor.
Attending an event at the Canada Pavilion, Canada's Minister of International Trade Maninder Sidhu said more efforts will be made to boost trade and exchanges between his country and China.
"Very important for us to be at the show. As the Chinese consumer market grows, we're exploring more options to get more flights between China and Canada to build more people to people ties, and more tourism between the two countries," said Sidhu.
This year's CICPE is the first national-level consumer expo since the launch of island-wide special customs operation in the Hainan Free Trade Port in December 2025, drawing participation of more than 3,400 brands from over 60 countries and regions.
Since its launch in 2021, the expo has become an important platform for multinationals to stay abreast of consumer trends in China's vast market, with over 3,800 enterprises and more than 12,000 brands from 92 countries and regions participating over the past five editions.
Canadian officials, exhibitors hail role of Hainan consumer products expo in trade promotion
