China’s small and medium-sized banks (including joint stock banks and city commercial banks) have been active in shadow lending activities (such as alternative investments and off-balance-sheet wealth management products (WMPs)) and in providing credits to support the regional economic developments. This has resulted in their stronger business growth than large banks with increased market shares in the banking system and pose greater systemic importance as well as divergent credit profiles. Joint stock banks and city commercial banks accounted for 18% and 13% of the system assets, respectively, at end-May 2018, compared with 14% and 6% at end-2007. The share of large banks decreased to 35% as of end-May 2018 from 54% at end-2007.