The China Trust Industry Association: As Of The End Of The First Quarter Of 2023, The Balance Of Trust Asset Size Was 21.22 Trillion Yuan

The China Trust Industry Association released an evaluation of the development of China's trust industry in the first quarter of 2023, indicating that the scale of trust assets has continued the steady and upward trend since 2022. As of the end of the first quarter of 2023, the balance of trust asset scale was 21.22 trillion yuan, a year-on-year increase of 1.06 trillion yuan, a growth rate of 5.23%, and a month on month increase of 77.69 billion yuan, a growth rate of 0.37%. Since the second quarter of 2022, it has achieved positive year-on-year growth for four consecutive quarters, and the stabilizing momentum has been stabilized. Compared to the historical peak at the end of 2017, the decline in the size of trust assets managed by the industry narrowed to 19.16%.