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Anhui province plans to invest 1.3 trillion yuan (4 billion) on 6,878 projects as a major measure to stabilize the economy, according to a press conference on Friday.

Analysts believe new energy cars will soon seize a larger share of the car industry, especially in China. The country has released a policy that carmakers must produce a certain number of new energy cars for the Chinese market starting from 2019.

Andy Mok, research fellow at the Center for China and Globalization, an independent think tank in Beijing, believes such legislation is vital if China is to advance to the next stage of its development.

Analysts said the remarks demonstrate that the current trade situation has "limited" impact as the group of Chinese companies have been determined in beefing up their core technologies.

Analysts said the shift indicated that China will lean toward monetary tightening should they need to curb any asset bubbles or mitigate financial risks.