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China's consumer price index, a main gauge of inflation, rose 3.8 percent year-on-year last month, mainly driven by soaring pork prices. The prices have more than doubled year-on-year in October, contributing nearly two-thirds to the CPI growth.

China's listed banks entered a period of stability with steady growth and lower non-performing loan ratios and overdue loan ratios in the first half of the year, but pressure for competition may mount and lenders need to increase their pricing and cost control abilities, according to a report.

China's opening-up strategy has been benefiting not only China itself, but the world as a whole, he said.

China's economic resilience has stemmed from the sustained demand for services and goods, despite the rapid economic growth in recent years. The epidemic won't change these dynamics given China's nascent consumption boom, said Patrick Tsang, CEO of Deloitte China.

China's gross domestic product growth registered a rate of 4.9 percent year-on-year in Q3, a further expansion following the second quarter's 3.2 percent, data from the National Bureau of Statistics showed Monday.