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"China may only initiate major monetary stimulus in the event of a drastic exacerbation of the external environment or a considerable slowdown in economic growth," Tang said.

"Cars were nothing more than tools that transported people from point A to point B," Cao said.

"China and the Democratic People's Republic of Korea are neighbors. Both sides know that maintaining, developing and consolidating the friendly and cooperative China-DPRK relations is not only in the best interests of both sides but also bears great significance in regional peace and stability," said Guo Yezhou, vice-minister of the department.

"China has a high savings rate. It used to be a huge advantage, but we'll lose that advantage if borrowing grows faster than savings," he added.

"Buying properties overseas is popular among China's rich. The trend will continue as more and more HNWIs realize the importance of having a balanced global asset portfolio," said Zhou Yu, director of Savills China's international residential sales.