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"China should stick to its policy of reform and opening-up to cope with the impact from changes in the global economy," said Zhang Yuyan, director of the CASS institute.

"China's outbound direct investment will no longer just focus on Africa's infrastructure, energy, manufacturing and agricultural fields. Chinese companies have already begun to deploy more resources and manpower in Africa's services sectors as its economy has already diversified," said Yu Jianlong, secretary-general of the China Chamber of International Commerce.

"Currently, we especially target small and medium-sized companies, which account for around 70 percent of the total domestic firms, aiming to help them reduce the costs on operation and IT spending."

"Combined with reports showing strength in Chinese and European manufacturing, there is probably more pain ahead for the dollar as investors anticipate money flowing into other economies," Mark McCormick at Toronto Dominion Bank was quoted as saying by Bloomberg.

"China's forex reserve currency structure is diversified, even more diversified than the world's average level," Wang said. "It is in line with requirements of China's economic and trade development, as well as the demand of international payments."