Big assets to help handle financial risks

But prudent debt management is still needed, top think tank says in report

Large amount of government assets make China capable of coping with potential financial risks, said a research report by the Chinese Academy of Social Sciences, the country's top think tank, on Thursday.

The country's debts, however, have risen at a fast pace in recent years and deserve close attention, the report, compiled by the academy's Public and Finance Research Center, said.