A tropical storm caused losses of about 3.1 billion yuan ($480 million), destroying hundreds of homes as it battered the country's east coast before slamming into North Korea on Tuesday.
Tropical Storm Muifa hit the North Korean coast overnight with winds gusting up to 52 miles per hour (83 kilometers per hour).
The National Disaster Reduction Committee said 1.35 million people were evacuated, 600 houses destroyed and another 4,800 damaged as Muifa skirted China's eastern coast.
There were no confirmed deaths in China, but one person was missing after a boat sank, and four people were killed in neighbouring South Korea.
In Shanghai, hundreds of flights had to be cancelled and thousands of fishing boats were called back to port over the weekend.
US oil giant ConocoPhillips said the storm had forced it to suspend clean-up operations on a two-month-old oil spill off the coast of Shandong province.
Authorities had expressed concern that Muifa could cause destruction similar to that unleashed by Typhoon Saomai in 2006, which was the worst to hit China in 50 years and killed at least 450 people.
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