China's Nov. inflation to edge up to 2%: UBS report (3)

China's exports rose 11.6 percent year on year in October, beating market expectations for a rise of 9 percent and stronger than the 9.9-percent increase seen in September, customs data show.

The country's economic restructuring may take longer, according to the report, as analysts maintain that investment will still grow considerably faster than consumption in the coming quarters.

China will continue its efforts to guarantee an economic recovery in the near term while putting economic restructuring as a long-term goal, as echoed in the keynote report at the recently-concluded 18th National Congress of the Communist Party of China, according to the UBS report.

The National Development and Reform Commission, China's top economic planner, said on the sidelines of the national congress that the country is on track to achieve its 7.5-percent growth target set for this year.

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