Financial sector on a generally stable path

PBOC report says investor confidence has improved significantly in nation

China's $42 trillion financial industry has been judged as "generally stable" in the central bank's annual examination, but supervision still needs to be tightened to prevent potential risks, especially in the banking sector, a report said.

China's financial risks have been slowly resolved although some risks still exist, after accumulating rapidly in the past few years, the People's Bank of China, the central bank, said in its annual financial stability report.