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Analysts also said the easing yuan will help stabilize China's exports, which grew by 5.5 percent in August in dollar terms, the second consecutive month that the growth rate had fallen.

An underwater grid project consisting of four 500-kilovolt alternating current submarine cables linking Hainan island and the mainland's other regions is set to undergo tests by the end of May as the island further diversifies its power transmission infrastructure.

Analysts said technologies will help to handle risk exposure amid rising fintech adoption around the world, and regulation will also take advantage of technologies in the sector.

Analysts said China's A-share market has digested some of the negative external factors, including turbulence in the US market, and investors' sentiment toward Chinese shares has been improving as the government has vowed to take additional measures to boost consumption and shore up growth.

Andrew Miles, president of Sam's Club China, said the club aims to serve middle-and-high-end income families in China, offering seamless online-and-offline services to meet member families' various consumption needs.