A view of China Merchants Bank's booth during a recent expo in Beijing. [CHINA DAILY]
China's recent introduction of a forceful policy package, which includes support for local governments to resolve debt risks and efforts to stabilize the real estate market, will help mitigate financial risks in the banking sector and steer the economy toward a stable recovery, analysts said.
Although the number of high-risk financial institutions has decreased in recent years, the risks associated with small and medium-sized financial institutions still remain a concern that requires comprehensive measures to tackle, they added.
