Consumption growth called key

Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said.

"China is on the right path of economic rebalancing as consumption contributes a high proportion to economic growth, with both the structure and quality improved," said Sheng Laiyun, spokesman for the National Bureau of Statistics, on Wednesday.

Consumption contributed 71 percent of economic growth in the first three quarters, up by 13.3 percentage points compared with the same period last year, NBS data showed on Wednesday.