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"For the Chinese mainland, the result bettered the survey average. 74 percent of small businesses from the Chinese mainland state that they grew in 2018, higher than the survey average of 66 percent," Chan told reporters. "The positive small business conditions look set to continue into 2019."

"Following restrictions placed on Huawei, a group of Chinese tech companies have been devoted to ensuring a sustainable supply chain and continued innovation efforts," said Xiang Ligang, director-general of telecom industry association the Information Consumption Alliance.

"Growth may rebound over July-September driven by private consumption. But capital expenditure could slow by then. We need to be mindful of the risk that economic activity could slump again if Japan is hit by a second wave of infections," Minami said.

"Further exploring the Beijing-Tianjin-Hebei economic circle is one of the most important strategies for us," said Liu Hui, president of Shimao Group's North China region.

"Gold prices may continue to fluctuate as the downside is supported by costs and the ongoing uncertainty over global economic growth, geopolitical troubles and inflationary pressures, while the upside is limited by modest supply growth and further (interest) rate hikes," she said.