Chen Li, chief economist of Chuancai Securities, said the outlook for China's economy indicates a stable upturn, 21st Century Business Herald reported on Monday.

Chen said that efforts to boost domestic demand and consumption are underway through a range of policies. The focus remains on securing employment, elevating incomes and fostering a conducive business environment for private enterprises.

Sectors within the economic structure are experiencing organized recovery, and endeavors are anticipated to contribute to stabilizing and revitalizing the overall economy, he said.

China's expansive population base and market size are notable strengths. With ongoing structural adjustments and optimization, the Chinese economy is poised to surmount considerable challenges, maintaining a steady and optimistic trajectory.