China Banking and Insurance Regulatory Commission: Industry's main regulatory indicators are in the "healthy range"
On September 22, when introducing the achievements of the development of the financial industry during the "14th Five-Year Plan" period, Li Yunze, Director of the China Banking and Insurance Regulatory Commission, stated at a press conference of the State Council Information Office that since the "14th Five-Year Plan", the overall operation of the financial sector has been stable, with key regulatory indicators such as non-performing loans, capital adequacy, and solvency trending towards improvement, all within healthy levels. Over the past five years, the disposal of non-performing assets has increased by more than 40% compared to the "13th Five-Year Plan" period, and the total size of capital and provisions for risk mitigation in the industry has exceeded 50 trillion yuan, making the industry more resilient and confident in facing various challenges.
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