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.