It is more reliable to answer this question with data. Through the website of the China Banking and Insurance Regulatory Commission, the China Banking Industry Operation Report of the China Banking and Insurance Regulatory Commission, the Banking Financial Institutions Asset and Liability Statement of the China Banking Regulatory Commission from 2014 to 2018 and the second quarter of 2019, the China Banking Industry Development Report (2019) issued by the China Banking Association, and the KPMG China Banking Industry Survey Report 2019, some data are extracted for your reference.

Conclusion 1: The total assets and total liabilities of China's banking industry still maintain a strong growth trend.

According to information disclosed by the China Banking and Insurance Regulatory Commission, at the end of the second quarter of 2019, total assets of commercial banks were RMB 225.2 trillion, an increase of RMB 15.2 trillion, or 7.24%, from the end of 2018; total liabilities were RMB 207.5 trillion, an increase of RMB 14 trillion, or 7.24%, from the end of 2018; total assets of commercial banks at the end of 2018 were RMB 210.0 trillion, an increase of RMB 13.2 trillion from the end of 2017, a year-on-year increase of 6.7%, a decrease of 1.6 percentage points from 2017; total liabilities were RMB 193.5 trillion, an increase of RMB 11.4 trillion from the end of 2017, a year-on-year increase of 6.28%, a decrease of 1.72 percentage points from 2017.

Conclusion 2: Profits increased, but the growth rate declined significantly, and it rose again in 2019

In 2018, commercial banks achieved a total net profit of about RMB 1.8 trillion, an increase of RMB 82.5 billion over 2017, a year-on-year increase of 4.7%, and a growth rate of 1.3 percentage points. In the first quarter of 2019, commercial banks achieved a total net profit of RMB 0.6 trillion, a year-on-year increase of 6.1%; the average return on assets of commercial banks was 1.02%, an increase of 0.12 percentage points from the end of the previous year; the average return on capital of commercial banks was 13.2%, an increase of 1.50 percentage points from the end of the previous year.

Conclusion 3: The overall credit risk situation is stable and improving, and the quality of credit assets is steadily improving

At the end of 2018, the balance of various loans in the asset portfolio of commercial banks was RMB 110.50 trillion, an increase of RMB 12.7 trillion from the end of 2017, a year-on-year increase of 13.0%.

At the end of the first quarter of 2019, the balance of various loans in the commercial banks' asset portfolio was RMB 119.99 trillion, an increase of RMB 9.49 trillion from the end of 2018, a year-on-year increase of 8.6%.

At the same time, at the end of 2018, the loan provision ratio of commercial banks was 3.41%, and the provision coverage ratio was 186.3%, both of which increased compared with 2017. At the end of the first quarter of 2019, the loan provision ratio of commercial banks was 3.45%, and the provision coverage ratio was 192.2%, and the overall risk was relatively stable and controllable.

In the atmosphere of strong supervision and seeking change, the banking industry has developed steadily. In the process of deepening financial reform, the banking industry is not only facing the profound changes to break the original pattern, but also adapting to the needs of China's high-quality economic development, especially in wealth management and market economy transformation. Competition is intensifying and the reform is accelerating, and the future is promising.