The Ministry of Finance has confirmed plans to issue 300 billion yuan in special treasury bonds in the near term, aimed at bolstering the core Tier-1 capital of eight major central financial institutions. These include Industrial and Commercial Bank of China, Agricultural Bank of China, Export-Import Bank of China, China Export & Credit Insurance Corporation, People's Insurance Company of China, China Life Insurance, China Taiping Insurance Group, and China Reinsurance Group. The capital replenishment will be carried out steadily, adhering to market-oriented and rule-of-law principles.
All eight institutions currently maintain stable operations, solid asset quality, and key regulatory metrics that remain within safe and healthy ranges. The issuance of special treasury bonds to support these central financial firms in strengthening their core Tier-1 capital is expected to further enhance their operational resilience, risk-absorption capacity, and ability to serve the real economy. This move will promote high-quality corporate development and provide more robust support for the stable and healthy growth of the national economy.
For the listed entities among these institutions, this capital injection is also designed to generate greater value for investors and deliver long-term, stable returns, reinforcing their position in the capital markets.