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China's investment in environmental protection surged by an average annual rate of 31.4 percent during the period, with investment in new energy including solar, wind and nuclear power up 13.8 percent annually on average.

China's online shopping extravaganza, Singles Day, that ran from Nov 1-11, set a new record this year, with sales on Alibaba's Tmall totaling 498.2 billion yuan (.1 billion). The popular items snapped up this year were more than just lingerie, shoes and hair dryers.

China's exports grew 9.9 percent in dollar terms in September from a year earlier, while imports rose 13.2 percent, the customs administration said. Economists earlier forecast that exports would increase by 10 percent while imports would edge up 0.4 percent.

China's economy delivered a solid start to the year with above-target growth. Its GDP expanded 6.8 percent year-on-year in the first quarter, unchanged from the previous quarter.

China's economic recovery and manufacturing capacity expansion cycle are likely to be in the early days and have more legs to run on, CICC said, reiterating its outlook for the Chinese economy in 2018.