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China is offering research grants of up to 500,000 yuan (,000) to attract world-class talent to the agricultural industry, as the nation looks to gain an edge in an increasingly competitive sector.

China is such a huge market in such a developing market, everyone around the world in the trading sense is looking to play a part, said Robb.

China is the largest trade partner of Norway in Asia with bilateral trade reaching .62 billion last year. The two countries are negotiating a free trade agreement.

China is capable and confident of keeping its currency basically stable, Pan said, citing the great potential for overseas capital to flow into the country's capital market.

China is sustaining its economic recovery momentum, and the pandemic's impact on growth is weakening. That will support the GDP growth figure for the whole year and stabilize foreign exchange reserves, said Wen Bin, chief analyst at China Minsheng Banking Corp.