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China's fiscal spending expanded 8.8 percent year-on-year to around 15.31 trillion yuan during the January-August period, MOF data showed.
China's industrial output rose 5.7 percent year-on-year last year, hitting its annual growth target range of 5.5 to 6 percent. It showed that China has stabilized the economic fundamentals against growth pressure and external turbulence, said Miao Wei, minister of industry and information technology.
China's high-speed rail has also gone global. In 2014, China completed the construction of its first overseas high-speed rail in Turkey.
China's consumer inflation picked up more than expected in August, mainly driven by food price increases because of seasonal factors.
China's decision to remove limits on foreign ownership of automotive ventures is a significant policy shift that could open new opportunities for overseas companies, perhaps including acquisitions in China, according to industry analysts.
