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China's proactive fiscal policy has strongly supported the economic growth in the first three quarters, analysts said, and the policy stance will be maintained in the coming months as some vulnerable sectors still need supportive policies to sustain recovery.
China, Japan and South Korea comprised 97 percent of the global EV battery capacity in 2018, with 90 percent of the global shipments from the three countries in past five years.
China's top economic regulator, the National Development and Reform Commission, said it approved six fixed-asset investment projects worth 88.2 billion yuan ( billion) in August, mainly in the transportation and informatization fields.
China's steel output and consumption have now both reached saturation point, and the period of rapid expansion is over, the research note said.
China's reform will only get faster, and the country will only become more open, Geng said, citing a recent report of the Organization for Economic Cooperation and Development.
来源：资阳报