Friday’s data shows that Beijing’s recent cascade of monetary and fiscal easing measures have yet to fully reinvigorate an economy weighed down by a yearslong property-sector slump.

What will China do to respond to inadequate demand, an ailing property market and persistent deflation? It is, apparently, too early to say. The legislators did unveil a plan to refinance the implicit debts of local governments.

China’s economy likely gained momentum last month, with early indicators pointing to a rebound after the government began rolling out stimulus measures in late September.