China will take more steps to boost the steady growth of the industrial economy in a bid to consolidate economic recovery in the first quarter, officials and experts said.

The department of industry at the National Development and Reform Commission, the country's top economic regulator, recently held a symposium with several key provinces in Hangzhou, Zhejiang province, saying steady growth of the industrial economy will serve as the "ballast stone" stabilizing the overall economy.

More efforts should be made to speed up the resumption of work and production, stabilize and expand investment in the manufacturing sector, promote structural adjustments of key industries and create a better development climate, it was stated at the meeting.

Looking ahead, Xing said China will likely set a 2023 GDP growth target of above 5 percent, with measures such as further waves of monetary and fiscal easing to support the rebound.