Data released over the weekend shows that China's investment, factory output and retail sales enjoyed stable growth in April but at speeds slightly slower than in the first quarter

The struggle is real for the Chinese economy. Growth in factory output cooled to 6 percent in April. That was 0.8 percentage points lower than March.

Experts say while the overall number represents challenges for China, a break down of different segments shows positive structural changes in the economy. Mining, steel and energy-heavy industries slowed while high-tech sectors grew 9.7 percent.

"The diversion is obvious. New growth momentum is showing in innovative products, but resource intensive industries are having substantial problems. This is pressuring the government to push forward with supply side reform and phase out overcapacity," said Pan Jiancheng, deputy director of China Economic Monitoring & Analysis Center.

Fixed-asset investment growth eased to 10.5 percent year-on-year in April, down from the first quarter's 10.7 percent. It's another area of diversion.

Investments in infrastructure and manufacturing slowed but those in technology upgrades and high tech services expanded. Analysts say that's positive news.

"There is still huge potential for China to stabilize investments and growth. But we need to raise the efficiency of investments," said Zhang Liqun, researcher of Dev. and Research Center, State Council.

Analysts say the slowdown in traditional sectors of China's economy confirms that the government has made structural reform one of its top priorities. The government has promised to put inefficient firms known as "zombie" companies on the sidelines.

Still, analysts caution that the government should strive to avoid a sharp jump in unemployment.