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China's consumer price index, a primary barometer of inflation, in May rose for the third consecutive month to 2.7 percent year-on-year, the National Bureau of Statistics (NBS) said on Wednesday.
China's foreign exchange reserves grew for a sixth consecutive month in July, data showed on Monday.
China's growing expertise in infrastructure construction also enables domestic producers to play a bigger role in areas previously dominated by other global players.
China's economy is set to continue its steady run in the rest of the year, despite headwinds, Ning Jizhe, deputy head of the National Development and Reform Commission, said.
China's moderate economic performance in August will not change the stable growth momentum for the full year, but more efforts are needed to counter external headwinds and boost domestic demand, according to economists.
