China's National Bureau of Statistics has announced the third quarter’s economic statistics on October 19. Overall, the third quarter’s economic growth stably maintains at 6.7%, which is a stabilizing factor the global economy. If the current momentum continues and there is no major changes, this year the Chinese economy is expected to reach or even exceed 6.7% growth rate. However, the slowdown in private investment and the sharp decline in foreign investment growth is an indication that the market’s confidence in the Chinese economy is still insufficient. China’s future economic policy should be focusing on pushing for market reform and encouraging private investment. If there is no huge problem to reach this year’s economic growth target, the future policy’s focus will be on anti-risk measures like reducing leverage on the basis of steady growth.