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Analysts say the data reflects new-found vitality in regional economies, unleashed by economic restructuring, which includes promoting consumption-led and innovation-driven growth, de-stocking outdated capacity, cutting corporate costs and deleveraging.

And it includes a commitment to leading a delegation of 100 Victorian businesses to China, as soon as the Commonwealth advises it is safe to do so.

Analysts said the move was in line with market expectations, and there is still policy room for further cuts of interest rates and reserve requirement ratios to keep ample liquidity and support smaller companies.

Analysts said the country can continue to keep reserves within a reasonable range, and fluctuations are to be expected in an increasingly open economy.

Analyst Michael Pachter of Wedbush Securities said Facebook is lucky the data apparently has been used only for political ads and not more nefarious purposes.