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Anbang had been one of China's most aggressive overseas buyers before authorities began to curb risky outbound acquisitions. It also has equity investment in many listed Chinese firms.

And potential investees are not just confined to the technology circle but a broader portfolio of companies in the hospitality, tourism and real estate sectors.

And its four wines — Hyacinth Dry Red 2016, Four Seasons Dry Red 2015, Aria Dry Red 2015 and Messenger Dry Red 2015 — have been awarded prizes in different wine competitions like the International Wine and Spirits Competition and Decanter World Wine Awards.

Analysts expect such efforts will be helpful to assuage concerns over downward challenges, though it may take time to see them take effect.

An unrealistic target would push local governments to take aggressive stimulus measures, especially by promoting infrastructure investment. That could lead to a "flood" of monetary easing, and capital-intensive infrastructure investments would not be helpful for reducing unemployment in the short run, he said.