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Analysts from Shenwan Hongyuan Securities wrote in a note that the economic growth slowdown is not worse than expected based on the recently released figures. Given the sluggish performance in the previous weeks, the market had already reached its bottom and was ready for a rebound. Meanwhile, the easing downward pressure from overseas markets and the improved liquidity in the domestic stock market will help the benchmark indexes to continue to climb.

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Analysts expect the country's consumption to be shaped by a booming middle-income group, fast urbanization and technology advances, among other trends, in the coming years.

Analysts surveyed by The Wall Street Journal forecast a gain of 187,000 jobs last month, a 3.6 percent unemployment rate and 3 percent annual wage growth.

An online job fair was held by Nanning's human resources and social security bureau last week, with jobs such as driver and security guard provided for those who have difficulty finding work, said Wei Yudan, a bureau official.