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Analysts and industry insiders expect that possible mergers and restructuring between central SOEs will help reduce overlapping investments and ease overcapacity in the coal and power sectors.

Angel Yeast Co Ltd, one of the country's largest yeast makers and a biotech solution provider, is banking on its manufacturing facilities in Egypt and Russia to further expand its footprint in the overseas markets.

Analysts said the faster growth was driven by industrial reconstruction, the upgrade of power usage structure and the switch from coal to electricity for winter heating.

Analysts from Shenwan Hongyuan Securities wrote in a note that the economic growth slowdown is not worse than expected based on the recently released figures. Given the sluggish performance in the previous weeks, the market had already reached its bottom and was ready for a rebound. Meanwhile, the easing downward pressure from overseas markets and the improved liquidity in the domestic stock market will help the benchmark indexes to continue to climb.

And in August, the 25-year-old became the first female skater to complete the loop, a 360-degree ramp.