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And expected to drive the efforts even further is the new brand image introduced earlier last month in China to express its global brand positioning of "Empower the Drive", launched worldwide in 2016.

An overall plan should be made to prevent major risks, carry out targeted poverty reduction and control pollution, said a Political Bureau of the Communist Party of China Central Committee meeting, presided over by Xi Jinping, general secretary of the CPC Central Committee.

Analysts said such a shift will not significantly affect the country's GDP growth this year but will lay a solid foundation for future development.

Analysts said the uptick pointed to a sound recovery and the resilience of China's industrial economy, and the improvements in both supply and demand are likely to continue driving the sales of industrial companies in the coming months.

Analysts said they believe the upsurge of net profit and net income is a result of cost optimization and increased prices of natural gas, crude oil, refined oil and other products.