China's industrial profits in November jumped 9% from last year, data released by China's National Bureau of Statistics showed.
China on Monday announced a cut in its one-year loan prime rate from 3.85% to 3.8%.
Asian stocks are trading mixed on Friday, following overnight losses on Wall Street.
The Fed will conclude its two-day policy meeting on Wednesday later, and central bank Chair Jerome Powell is set to speak at a press conference.
Asian stocks are trading lower on Tuesday as the omicron variant returned to focus.
Asian stocks are trading higher, with investors looking ahead to a week of central bank meetings that could indicate the end of U.S. policy stimulus.
Credit Suisse reportedly expects the economy to continue to show positive surprises and record up to 9% growth in the next fiscal.
Asian stocks are trading higher on Thursday as traders bet the global recovery will be resilient to the new virus strain.
Asian stocks are trading higher, continuing a global relief rally on early reports about the potential impact of Omicron.
Asian stocks are trading lower on Monday as Omicron emerged in more countries and investors faced a week-long wait for key U.S. inflation figures.