While China's economy delivered better-than-expected results at the start of the year, policymakers showed no signs of complacency and vowed to provide continued support, analysts said after a high-level meeting that outlined priorities for the next phase of economic tasks.

Amid intensifying external uncertainties, continuing policy easing to ensure reasonable economic growth remains imperative for bolstering confidence and strengthening development security, they said, and expect further measures in investment expansion, targeted monetary easing and energy infrastructure construction.

After China's GDP grew 5 percent year-on-year in the first quarter, a meeting of the Political Bureau of the Communist Party of China Central Committee on Tuesday noted that the economy has been off to a robust start this year, with key indicators beating expectations, underscoring its resilience and dynamism.

However, the economy still faces difficulties and challenges, and the foundation for the country's sustained economic recovery needs to be further consolidated, the meeting said, calling for greater efforts and more concrete measures to bolster economic work.

Yin Yanlin, an academic adviser of the China Finance 40 Forum and a member of the National Committee of the Chinese People's Political Consultative Conference, said the imbalance between aggregate supply and demand has yet to see a fundamental improvement despite some encouraging developments.

Though fixed-asset investment resumed growth in the first quarter, official data showed it remained under pressure with real estate development investment down 11.2 percent and private investment falling 2.2 percent, while industrial price recovery was more driven by upstream sectors, which could suggest a cost-driven rather than demand-led pickup.

Yin said slower economic growth in recent years has weighed on domestic demand as moderating growth weakened job creation, which in turn led to softer consumption and formed a negative feedback loop.

"Reviving growth is key to breaking this cycle and bolstering confidence. Efforts should focus on ensuring the 4.5 to 5 percent annual GDP growth target and striving for better outcomes," he said, suggesting additional ultra-long special treasury bonds in the second half of the year would help strengthen investment momentum.

On Tuesday, top policymakers mapped out measures to sustain the ongoing recovery.

The meeting said China will implement a more proactive fiscal policy and apply an appropriately accommodative monetary policy in a targeted and effective way, continuously expand domestic demand and optimize supply.

On expanding investment, the meeting stressed stepping up the planning and construction of water networks, new-type power grids, computing infrastructure, new-generation communications networks, underground urban pipelines and logistics systems.

The meeting also urged efforts to enhance energy and resource security and respond to uncertainties with the certainty of high-quality development, which analysts said may point to further infrastructure investment to strengthen energy reserves.

Wen Bin, chief economist at China Minsheng Bank, said the meeting's emphasis on the precision and effectiveness of macroeconomic adjustments may signal greater use of structural monetary easing tools in the near term, rather than high-profile moves like broad-based cuts in interest rates and the reserve requirement ratio.

Wen said that maintaining capital market stability has become a key regulatory priority given its role in boosting household incomes, with improving the quality of listed companies and ushering in medium and long-term capital likely among the main policy focuses.

The meeting has called for stabilizing and boosting confidence in capital markets while striving to stabilize the property market, with the benchmark Shanghai Composite Index up 0.71 percent to close at 4107.51 points on Wednesday, driven by energy and resource sectors.

Wang Qing, chief macroeconomic analyst at Orient Golden Credit Rating International, said policy space remains ample to stabilize the property market, with possible measures including increasing lending to developers, advancing urban renewal, easing purchase restrictions and cutting transaction taxes, as well as targeted mortgage rate cuts and fiscal subsidies.