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"China's current account is now broadly in line with fundamentals," said Gita Gopinath, an economist at the IMF. "The (current account surplus) decline reflected a combination of structural factors and expansionary credit and fiscal policies, but also greater exchange rate flexibility and the associated real appreciation over the last decade."

"China's current foreign debt ratio is much lower than the international level," the ministry said.

"Combined with the pentup demand, sales may witness a slight rebound," said Stephenie Zhou, head of project sales for JLL Shanghai. "However, prices are likely to be largely flat as policy restrictions are still in place," she added.

"Construction of the transfer base will be coordinated with the construction of the science and technology town for South China Seed Breeding."

"China's performance indicates that the torrents of merger and acquisition activities aiming to forge globally influential conglomerates are starting to pay off," said Jiang Qingyun, a business professor at Fudan University's School of Management. "It's a natural reflection of the country's overall economic status."