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China's plan to free up the yuan fully could take some more time to achieve as the current top priorities for the government are to maintain a stable currency value and prevent risks from cross-border capital flows, economists said.

China's trust fund flows are shifting direction as the country keeps a tight rein on speculation and looks to raise investment in the real economy.

China, he added, hopes that other parties with an interest in the Korean Peninsula will join the push by China and Russia for talks, take up their respective responsibilities and place the issue on the right track of dialogue and consultation toward a negotiated settlement as soon as possible.

Chinese Foreign Ministry spokesperson Hua Chunying told a routine press briefing on Tuesday that involved parties will exchange views on implementing the DOC, boosting maritime cooperation as well as consultation on the Code of Conduct (COC) in the South China Sea.

China, the world's largest gas importer, is set to double the import of liquefied natural gas equipment in the next five years, after shipments of the clean fuel doubled in the last two years on Beijing's concerted efforts to reduce carbon emissions, said a new industry report.