China's list of systemically important banks has expanded by one institution. On February 13, the 2025 list of domestic systemically important banks was announced. The People's Bank of China and the National Financial Regulatory Administration conducted the 2025 assessment, identifying 21 domestic systemically important banks. This group comprises 6 state-owned commercial banks, 10 joint-stock commercial banks, and 5 city commercial banks.

A notable change from the previous list is the inclusion of CZBANK as a newly designated systemically important bank, indicating a rise in its systemic significance.

The published list categorizes the banks into five groups based on their systemic importance scores, from lowest to highest. Group 1 includes 11 banks: China Minsheng Bank, China Everbright Bank, Ping An Bank, Huaxia Bank, Bank of Ningbo, Bank of Jiangsu, Bank of Beijing, Bank of Nanjing, China Guangfa Bank, CZBANK, and Bank of Shanghai. Group 2 consists of 4 banks: Industrial Bank, China CITIC Bank, Shanghai Pudong Development Bank, and China Postal Savings Bank. Group 3 contains 2 banks: Bank of Communications and China Merchants Bank. Group 4 includes 4 banks: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China. No banks were placed into Group 5.

Systemically important banks are those few institutions that are large in scale and hold significant positions within the banking sector. Due to their complex structures and operations, along with their strong interconnections with other financial institutions, they play a pivotal role in the financial system. Consequently, stricter regulatory measures are typically applied to them. These measures aim to ensure their more stable and sustainable development, address the "too big to fail" issue, prevent and mitigate financial risks, and safeguard financial stability and security.

Moving forward, the People's Bank of China and the National Financial Regulatory Administration will, in accordance with the "Additional Regulatory Rules for Systemically Important Banks (Trial)", coordinate macroprudential management with microprudential supervision. They will continue to strengthen the additional regulatory framework for these banks, promoting their safe, sound, and healthy operation. This effort is intended to enhance their ability to better serve the high-quality development of the real economy.