More Infrastructure Spending on the Way in Q4

Not an increase in spending, but faster spending. Pulling spending forward can boost growth now, but if the economy doesn't accelerate on its own, the result will be slower growth in future quarters.

China to boost infrastructure investment

China will speed up investment in major infrastructure projects including water conservancy to maintain economic growth within a reasonable range in the fourth quarter, the country's top economic planner said on Tuesday.

As China's economy is under downward pressure, boosting consumption and quickening investment will be key to steady growth in the last quarter of this year, Li Pumin, spokesman of the National Development and Reform Commission (NDRC), said at a press conference on Tuesday.