National Financial Regulatory Administration head Ding Xiangqun said on Oct 19 that in the first three quarters of 2026 banks provided over 20 tln yuan of new financing to the real economy and insurers paid out nearly 2 tln yuan; banks remained the m

2026-10-19

National Financial Regulatory Administration head Ding Xiangqun said on Oct 19 that in the first three quarters of 2026 banks provided over 20 tln yuan of new financing to the real economy and insurers paid out nearly 2 tln yuan; banks remained the main financing channel and insurance played a material protection role.