
Quarterly banking industry climate index in China Q4 2017-Q2 2024
In the second quarter of 2024, the banking climate index in China had a value of 64 percent. It indicated that 64 percent of the heads of Chinese banking institutions assessed that the banking industry was in a good or expanding state. The index value dropped in the first quarter of 2020 when COVID-19 broke out in the country and dropped again after the country was hit by the omicron variant of the virus.