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

"Chinese leading surveillance companies have already prepared options to cope with problems," the report added.

"Chinese cities performed very well with great potential to improve further in years to come given their relentless drive to modernize," said James Shepherd, managing director, Greater China Research at Cushman & Wakefield.

"Chinese consumers are increasingly discerning about their luxury purchases, demanding more variety and choice than ever. As we look to continue to meet this demand, we see many potential areas for future collaboration with Secoo," Hu said.

"Co-owned housing will have little impact on the property market in the city, as the number of co-owned houses still represents a very small percentage in Guangzhou," he told China Daily.