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China's industrial output growth may slow in October and investment growth may also be affected by the property market restrictive measures, Zhong said.

China's consumer price index grew by 1.6 percent year-on-year in 2017, well below the inflation target of 3 percent, and its unemployment rates, in terms of both registered and surveyed unemployment rate, were low, statistics of the National Bureau of Statistics show.

China's move shows that the country is deploying resources to help its manufacturers to ease the impact from the US irrational trade policies and guide domestic companies to seek new import channels from global markets such as Germany, Brazil and South Korea for different products, said Ma Yu, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation.

China's economic growth momentum held up in April despite slowing fixed-asset investment and retail sales growth, with analysts expecting the nation's policy stance to remain unchanged in the coming months.

China's insurance giant Ping An Group is innovating applications of artificial intelligence, big data and analytics to strengthen various countries in areas like road traffic management, smart cities and agriculture.