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China is on the track to meet its annual economic growth target of 6.5 percent this year, but more efforts are needed to stabilize the economy to ward off a slump in the next year, according to senior officials.

China has seen significant growth in aviation infrastructure, professional management and regulation, Bolen said.

China has set an inflation control target of 3 percent for this year. But even if it reached 3 percent in September, the average reading for the whole year would still be lower than 3 percent given the lower readings in previous months. Moreover, core inflation, which excludes highly volatile energy and food prices, remains stable at low levels, making it almost impossible for authorities to tighten monetary policy, analysts said.

China has pledged to push further ahead with the exploration and production of gas hydrate in the Shenhu area of the South China Sea, following its success in mining gas hydrate in the region.

China has set a target of creating 11 million jobs in urban areas this year as an estimated 15 million workers, including 7.95 million college graduates, are expected to enter the urban job market.