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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 law against unfair competition stipulates that anyone using advertising or other means to make false or misleading claims about goods will face fines of up to 200,000 yuan (,570), and income derived from such publicity will be confiscated.

China's inflation will pick up but stay benign this year, with 2.4-percent growth in the CPI and 3.4-percent growth in the PPI, according to the research note.

China's foreign exchange reserves, however, unexpectedly increased in July to .12 trillion despite the recent weakening of the renminbi, which will help stabilize investor expectations and anchor the renminbi, said Guan Tao, former director of the international payments department of the State Administration of Foreign Exchange.

China's financial authority has reiterated improving the financial supervision system and enhancing the system's transparency and rule of law while actively resolving financial risks and resolutely maintaining financial stability, according to a statement issued by the Financial Stability and Development Committee under the State Council after a meeting chaired by Vice-Premier Liu He on Saturday.