Latest data from China's Banking Regulatory Commission showed that the non-performing loan (NPL) ratio for the country's commercial banks stood at 0.9 percent as of the end of the first quarter, down from 1 percent at the end of last year.

As of the end of the first quarter, the outstanding non-performing loans of the commercial banks stood at 438.2 billion yuan ($69.6 billion), the data showed.

The commercial banks include large banks, joint-stock banks, city banks, as well as rural commercial banks and foreign-funded banks.

Foreign-funded banks registered the lowest NPL ratio, at 0.5 percent; the NPL ratios for large commercial banks and joint-stock commercial banks stood at 1 percent and 0.6 percent, respectively, the data showed.

Meanwhile, the capital adequacy ratio of the country's commercial banks hit 12.7 percent as of the end of the first quarter, which remained unchanged from the end of the last year, the data showed.