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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 national weather observatory issued a yellow alert for the third consecutive day on Sunday, the second-lowest in a four-tier weather warning system, for rainstorms in the southern part of the country.

China's macro policies this year will consist of a prudent monetary policy featuring countercyclical adjustments and strengthened support for private and small businesses, as well as a proactive fiscal policy prioritizing cuts in taxes and fees, authorities said during the ongoing two sessions.

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 largest natural gas storage and logistics center is expected to start operation in Henan province by the end of 2018, as the country pushes on with a drive to ease the gas shortage during peak times, according to China Petrochemical Corp on Wednesday.