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"China's economy is still in a tug-of-war between headwinds and policy easing," said Lu. The central bank has suggested balancing policy easing with the need to control financial risks, given the rapid rise of debt and volatile stock markets.

"Consumption of gold jewelry may continue to grow in the second quarter, after the 4.18 percent year-on-year growth in the first three months," said Zhu Yi, senior analyst of metals and mining at Bloomberg Intelligence.

"Compared with a currency under pressure, the bursting of an asset bubble is a more serious problem, and policymakers need to be very careful about the monetary policy, to prevent tightening too much," said Yoshiki Takeuchi, director-general of the International Bureau of Japan's Ministry of Finance.

"China will open its doors even wider to the world. Our country's new development pattern of 'dual circulation' is consistent with the higher-level opening-up. The pattern features domestic and international dual circulation, which complement each other and are inseparable. It is impossible to promote domestic circulation alone without pushing forward international circulation," said Wang.

"Cooperation with foreign counterparts plays an important role in exploring international markets as local partners and special personnel that better understand local markets will help Alpha easily integrate with foreign markets," said Seven Wang, executive assistant to Alpha's president.