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Supreme Court: By 2025, nationwide courts will resolve approximately 4 trillion yuan in debt through bankruptcy proceedings
The Supreme People’s Court held a press conference on “The People’s Courts’ Civil and Commercial Trial Services and Support for High-Quality Economic and Social Development.” In 2025, the national courts accepted 36,900 bankruptcy liquidation, reorganization, and settlement cases, an 18.00% increase year-on-year, and concluded 31,900 cases, a 5.07% increase. Through bankruptcy trials, approximately 4 trillion yuan in debt was resolved, 1.16 trillion yuan worth of existing assets were revitalized, and over 120,000 jobs were stabilized. (CCTV News)