Risks in China's banking industry under control: regulator chief
Take me away, mom Animals on the Road	“Water Margin” on eggs Cat the occupier Adorable animals pose like stars Cuddle up together, battling against blizzard Sunshine in the life

 

Statistics from 2016 show that the risks within China's banking system are fully under control, according to Guo Shuqing, chairman of the China Banking Regulatory Commission, during a press conference held by the State Council Information Office on March 2.

According to Guo, the non-performing loan (NPL) ratio of commercial banks was 1.74 percent in 2016, up by 0.07 percent from the previous year. The net profit of Chinese commercial banks reached 1.65 trillion RMB, a year-on-year increase of 3.54 percent. Financial risk management has been significantly strengthened.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan