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Analysts said the faster growth was driven by industrial reconstruction, the upgrade of power usage structure and the switch from coal to electricity for winter heating.

Andy Rothman, an investment strategist at San Francisco-based investment firm Matthews Asia, wrote in a recent analysis that China's V-shaped economic recovery continued for a fourth consecutive month in June, led by strong domestic demand.

Analysts said despite the substantial progress made by China on clean energy generation, it still looks tough to achieve the government's target of 5 percent or less curtailment rate by 2020.

Analysts said although China suffers from a foreign exchange sales deficit, it is not worrisome. "The SAFE (ad¬ministration) data show the situation is improving, and so long as it is controllable, we should not worry about the deficit," said Dong Yuping, an economist at the Chinese Academy of Social Sciences.

Analyst: Tech board will see rebound of risk appetite and lift A-share valuations