The academy’s report, usually published at year’s end to forecast the economy’s performance in the following year, said China’s fixed-asset investment will remain stable next year as China will continue to use investments to prevent an economic downturn.

Policymakers at the Central Economic Work Conference, which concluded on Friday, said the country will strengthen use of fiscal policy and increase infrastructure investments to shore up the economy. It will also promote urbanization and development of regional economic clusters, such as the Yangtze River Delta region, to create more demand for investment.

Consumption also is expected to remain stable, the academy’s report said. The country has devised a series of policies such as personal tax cuts to encourage consumption, which will work to help increase retail sales, it said.

Despite the uncertainties caused by the Sino-US trade disputes, China may continue to see exports increase as a result of its wider economic opening-up and deepening economic cooperation with countries involved in the Belt and Road Initiative, the report said.