China's Banking Regulatory Commission made its balance sheet public on April 18 which shows banking financial institutions held 32.88 trillion yuan assets and 31.57 trillion yuan liabilities by the end of March. The rises were 14 percent and 14.9 percent respectively over the same period of last year.

The assets of state-owned commercial banks totaled 17.72 trillion yuan , up 11.5 percent. Stock commercial banks reported 4.79 trillion yuan, a jump of 16.9 percent. And assets of city commercial banks valued 1.67 trillion yuan, spiraling up 14.1 percent while other financial institutions owned 8.7 trillion yuan, a surge of 17.6 percent.

Debts of state-owned commercial banks were posted at 17.01 trillion yuan, climing 13.7 percent. Stock commercial banks experienced a 17.2 percent rise of its liabilities at 4.62 trillion yuan. Debts of city commercial banks went up 14.1 percent to 1.61 trillion yuan. Other financial institutions saw their debts upturned by 16.4 percent to 8.34 trillion yuan.

By People's Daily Online