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Despite rich resources of hydrogen as well as a more mature hydrogenation infrastructure facility in the region compared with the rest of the country, more synergy and coordination is necessary among the cities in the delta region to better generate momentum for hydrogen economy development in China, it said.

Despite cyclical uncertainties, foreign investors have displayed firm faith in the Chinese economy. Foreign direct investment (FDI) in China rose 6.9 percent year-on-year to 604 billion yuan (.9 billion) in the January-August period, Ministry of Commerce data showed. In US dollar terms, FDI inflow grew 3.2 percent.

Democrats are more willing than Republicans to get the COVID-19 vaccine (75 percent to 50 percent). White adults expressed more willingness than non-white adults (67 percent to 53 percent).

Despite the improvements in the economic situation, potential risks that may weigh on the Chinese economy still exist, ranging from external uncertainties to domestic factors such as sluggish consumption and financial risks, economists said.

Demand for iron ore looks positive in China, Fortescue Metals CEO Nev Power was quoted as saying by CNBC. Fortescue is the world's fourth largest producer of iron ore.