Nanjing's "Financial Strength" Ranks in the Top 3 in the Yangtze River Delta

This article is reprinted from: Nanjing Daily

Deposit balance reaches 6.57 trillion yuan, second only to Hangzhou and Shanghai

Nanjing’s “Financial Strength” Ranks in the Top 3 in the Yangtze River Delta

This newspaper report (Reporter Cao Lizhen) Nanjing’s financial strength is becoming increasingly prominent among cities in the Yangtze River Delta. The reporter learned yesterday that by the end of December 2025, the total deposits in local and foreign currencies in the Yangtze River Delta region reached 86.98 trillion yuan. Among them, Nanjing’s deposit balance of 6.57 trillion yuan makes it the third-largest city in terms of capital scale, only behind Hangzhou and Shanghai.

The Yangtze River Delta region, officially known as the Yangtze River Delta, is one of China’s most dynamic, open, and innovative economic sectors, covering 41 cities including Shanghai, Jiangsu Province, Zhejiang Province, and Anhui Province.

Previously, the People’s Bank of China Shanghai headquarters released the 2025 monetary and credit operation report for the Yangtze River Delta region, showing that by the end of December 2025, the total deposits in local and foreign currencies in the Yangtze River Delta reached 86.98 trillion yuan, a year-on-year increase of 9.3%. Among them, Nanjing’s “financial foundation” performed well, with a deposit balance of 6.57 trillion yuan at the end of 2025, second only to Hangzhou’s 8.35 trillion yuan and Shanghai’s 24.5 trillion yuan. Within Jiangsu Province, Suzhou and Wuxi had local and foreign currency deposit balances of 5.73 trillion yuan and 3.08 trillion yuan respectively at the end of 2025. Additionally, Ningbo and Hefei had deposit balances of 4.03 trillion yuan and 3.33 trillion yuan respectively.

The reporter further analyzed and found that among the cities in the Yangtze River Delta with deposit balances exceeding one trillion yuan at the end of 2025, Nanjing’s deposit balance growth of 15.27% year-on-year ranked first. Meanwhile, Nanjing’s loan balance of 6.32 trillion yuan at the end of 2025 also led Jiangsu Province, with continuous strengthening of financial support for high-quality economic development in Nanjing.

“Maintaining a 15.27% growth rate and ranking third in the Yangtze River Delta in terms of capital scale is a comprehensive reflection of Nanjing’s recent efforts in cultivating new productive forces, financial supply-side structural reforms, and regional coordinated development. It is also the inevitable result of Nanjing’s deep-rooted实体经济底蕴 and forward-looking financial layout driven by dual forces,” said Lu Minfeng, Secretary-General of the Yangtze River Delta Science and Technology Industry Financial Research Alliance, in an interview with the reporter. As a “hardcore” growth pole on the northern wing of the Yangtze River Delta, Nanjing’s GDP surpassed 1.94 trillion yuan in 2025, with emerging industries such as high-tech manufacturing and biomedicine continuing to exert efforts, providing a solid industrial foundation and cash flow support for rapid financial capital accumulation.

From a financial perspective, in 2025, Nanjing’s added value of the financial industry increased by 9.4%, and the deposit balance of financial institutions in local and foreign currencies reached 6.57 trillion yuan, demonstrating a strong capacity for industry “blood supply.” “This growth is not only an accumulation of existing stock but also an explosion of new increments, reflecting Nanjing’s institutional advantages in 科创金融改革 and产业基金引导. Especially in Jianye District, an important core financial center聚集区, the added value of the financial industry reached 46 billion yuan last year, maintaining the top position in the city for five consecutive years and contributing core动力 to Nanjing’s capital growth,” Lu Minfeng said.

In Lu Minfeng’s view, behind the 15.27% growth rate, it is also an important manifestation of the increasingly成熟的“金融+科技+产业” three-in-one ecosystem in Nanjing. “Unlike models that rely solely on land finance or real estate-driven development, Nanjing has created modes such as Jin Yu Zui Fund Street and developing data asset securitization innovative tools, allowing financial capital to deeply embed in产业链 and创新链, thereby achieving efficient capital allocation and appreciation.”