Economic growth in Q3 to beat Q2, survey reveals

Inflation and commodity price

Wen Bin said the core of China's imported inflation is due to the international energy price. With the international oil price falling, and the oil demand from the US and the Europe weakening, the situation of the domestic refined oil price to continuously increase would be difficult to repeat, Wen said.

Zheng Houcheng said the overall trend of domestic inflation would be moderate in the fourth quarter, and the probability of CPI breaking "3" would be low.

According to the report, 48.68 percent of the respondents said that the commodity prices such as steel and non-ferrous metals would fall in the next quarter.

The energy price has possibility to rise in winter due to the cold weather in the fourth quarter, which has pushed up energy demand, and the geopolitical risks in the energy sector still exist, said Gao Ruidong, an economist at the Everbright Securities.

Moreover, with the withdrawal of overseas stimulus policies, and the vigorous measures taken by the EU and the US to tame the inflation, the prices of ferrous and non-ferrous metals would remain weak, Gao said.