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"China's semiconductor display industry has made large advances in the past decade, changing the display industry's global competitive landscape. China has transformed into the world's largest consumer market and manufacturing base for display terminals, with huge market potential," said BOE Vice-President Zhang Yu.

"China's current storage capacity is a bottleneck. The country's plan to add underground gas storage should help ease the pressure of peak gas demand in winter," said Wang Lu, Asia-Pacific oil and gas analyst at Bloomberg Intelligence.

"China's foreign exchange market remained stable, with a generally balanced demand and supply of foreign exchange," said Wang, who expected a severe effect of the pandemic on the global economy and trade growth, along with increasing volatility in international financial markets.

"China still has much room for improvement in power utilization and the government aims to control waste of renewable power to within a reasonable range in three years," Liu said.

"Coupled with ongoing urbanization and rising domestic demand powered by the Chinese government's measures to shift the economy to an internal consumption-driven model, the market potential in the Chinese mainland, particularly in lower-tier cities, continues to be attractive to jewelry retailers of all sizes," said Yang Lixin, director of the gemological training center for China's National Gem and Jewelry Technology Administrative Center.