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China's iron ore demand is expected to see a continuous decline in the next few years, due to growing awareness of environmental protection and increased consumption of scrap steel, experts said.

China's liabilities had been rising rapidly during previous years, with the macro leverage ratio rising 13.5 percentage points each year from 2012 to 2016.

China's goods trade volume rose 16.6 percent to 20.29 trillion yuan (.08 trillion) in the first three quarters of this year, the General Administration of Customs (GAC) said Friday.

China's economy is operating within a reasonable range, maintaining stable, coordinated and sustainable development, said NBS spokesperson Xing Zhihong, "laying a solid foundation for achieving the annual target."

China's efforts to curb financial risks are bearing some fruit as the overall leverage ratio has been controlled at a stable level, said Yi Gang, central bank governor.