China News Agency, Beijing, July 11 (Reporter Wang Enbo) A spokesman for the China Banking and Insurance Regulatory Commission answered the reporter's question on the 11th. At present, the overall operation of China's banking industry and insurance industry is sound, the risks are controllable, and the ability to serve the real economy is constantly improving. But it must also be seen that the potential risks will remain large in the coming period.

  According to data released by the China Banking Regulatory Commission on the same day, as of the end of June, the total domestic assets of the Chinese banking industry were 301.5 trillion yuan (RMB, the same below), an increase of 9.8% year-on-year. At the end of June, the balance of non-performing loans was 3.6 trillion yuan, an increase of 400.4 billion yuan from the beginning of the year, and the non-performing loan rate was 2.10%, an increase of 0.08 percentage points from the beginning of the year.

  In the same period, total insurance assets were 21.7 trillion yuan, an increase of 5.7% over the beginning of the year. The comprehensive solvency adequacy ratio of insurance companies was 244.6%, and the core solvency adequacy ratio was 233.6%, which remained at a relatively high level. In the first half of the year, premium income was 2.7 trillion yuan, a year-on-year increase of 6.4%. The main operating and regulatory indicators of bank insurance institutions are within a reasonable range.

  The spokesman pointed out that the current outstanding risks and challenges facing the banking and insurance industry are as follows:

  First, the pressure of rising non-performing assets has increased. Although the balance of non-performing loans has not increased significantly since the beginning of this year, due to the economic downturn reflecting a time lag in the financial sector, coupled with the short-term hedging effect of macro policies, the risk of default has been temporarily delayed, and it is expected that non-performing loans will appear in the next period. And rise.

  Second, some small and medium-sized financial institutions have more serious problems. Some banks, insurance or trust companies have large shareholder manipulation and insider control, corporate governance mechanisms have failed, asset and liability foundations are already relatively fragile, asset quality has accelerated and deteriorated under the impact of the epidemic, and risks continue to accumulate.

  Third, some market chaos has rebounded. Some high-risk shadow banks have revived, and some have attempted to make a comeback with new forms and new features. The leverage ratio of enterprises, households and other sectors rose. Some funds flowed into the stock market in violation of the rules, pushing up the asset bubble.

  Fourth, violations of laws and regulations occur from time to time. For example, the Wuhan Golden Phoenix fake gold incident, which has been gradually revealed since January 2020, involves many banks, insurance and trust institutions. In addition to the reasons of the enterprise itself, it also exposes the internal control and risk management of some financial institutions to be null and void. Value.

  The spokesman said that the Banking and Insurance Regulatory Commission will continue to maintain its strength in accordance with the new situation and new situation, optimize regulatory measures, deal with violations of laws and regulations in accordance with the law, effectively improve the ability to prevent and resolve financial risks, continue to deepen financial reform and opening up, and promote the improvement of the quality of the real economy. To ensure the stable operation of the banking and insurance industry and achieve high-quality development. (Finish)