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China's new tariff cuts covering a wide range of items from aircraft engines to sunglasses and whisky, which became effective on Jan 1, will help both global and home companies save operating costs and maintain robust growth, said experts and business executives.

China's consumer price inflation remained mild in July while producer prices rose moderately, providing a boost to the industrial sector. Analysts said the country may keep its monetary policy stable given the expected stable price trends this year.

China's new bank lending moderated in April after surging in March, amid indications that more monetary policy measures would be rolled out to counter headwinds from global trade uncertainties.

China's manufacturing activity expanded for the 13th consecutive month in August, providing fresh evidence of a firming Chinese economy.

China's investment in manufacturing grew 8.7 percent year-on-year in the first three quarters of 2018, signaling that corporate expectations for the future of the economy are improving despite mounting global trade uncertainties, the country's top industry regulator said on Tuesday.