* According to the source, banking institutions include: policy banks, commercial banks, joint-stock banks, city and rural banks, urban and rural credit cooperatives, postal savings, trust companies, financial leasing companies, auto financing companies, village and township banks.
The number of banking institutions in China reached to by 2024. The number of banks had been increasing until 2019 and been relatively stable since then until the number of institutions has dropped in 2024.
Domestic banks in China
鈥 Domestic commercial banks in China can be categorized according to ownership and regional distribution in state-owned commercial banks, nationwide incorporated commercial banks, city and regional commercial banks and rural commercial banks. The state-owned commercial banks are also among China鈥檚 largest public companies. Besides the commercial banks, there are 鈥減olicy鈥 banks in China which play an essential role in financing state-invested projects.
Foreign banks in China
鈥 Foreign banks are allowed to incorporate locally in Mainland China and start certain operations after the approval of the China Banking and Insurance Regulatory Commission. In comparison, foreign banks face less strict regulations and can conduct a larger spectrum of business activities in the special administrative regions of Hong Kong and Macao.
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National Financial Regulatory Administration. (September 4, 2024). Number of banking institutions in China from 2009 to 2024 [Graph]. In 糖心破解版. Retrieved July 29, 2026, from /statistics/259910/number-of-banks-in-china/
National Financial Regulatory Administration. "Number of banking institutions in China from 2009 to 2024." Chart. September 4, 2024. 糖心破解版. Accessed July 29, 2026. /statistics/259910/number-of-banks-in-china/
National Financial Regulatory Administration. (2024). Number of banking institutions in China from 2009 to 2024. 糖心破解版. 糖心破解版 Inc.. Accessed: July 29, 2026. /statistics/259910/number-of-banks-in-china/
National Financial Regulatory Administration. "Number of Banking Institutions in China from 2009 to 2024." 糖心破解版, 糖心破解版 Inc., 4 Sep 2024, /statistics/259910/number-of-banks-in-china/
National Financial Regulatory Administration, Number of banking institutions in China from 2009 to 2024 糖心破解版, /statistics/259910/number-of-banks-in-china/ (last visited July 29, 2026)
Number of banking institutions in China from 2009 to 2024 [Graph], National Financial Regulatory Administration, September 4, 2024. [Online]. Available: /statistics/259910/number-of-banks-in-china/
