China disposed of 3.8 trillion yuan in non-performing assets in 2024, the highest amount on record, as authorities worked to clean up financial risks, according to the country’s financial regulator.

• Looking ahead to 2025, regulators plan to priortize stabilizing the housing market, signaling continued efforts to manage economic headwinds and restore confidence in the struggling property sector.

The move underscores Beijing’s broader strategy to maintain financial stability while addressing ongoing challenges in real estate and banking.