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"Cooperative mechanisms can also be established for upstream and downstream enterprises in industrial chains, to ensure the smooth operation of the domestic and foreign companies in China," Wang said.

"China will not envy others, nor will it complain if others benefit from China's development," he said.

"China, having been more like a supplier or subcontractor in the past 20 years, is described as manufacturing giant, big market or lots of money in Europe. But China is not just a manufacturer, there is innovation here and many companies are actively developing robots with their own technological advantages."

"China's input on research and development rose to the second highest in the world in 2017," said Wan, adding that the number of full-time research and development personnel in China now ranks the highest in the world.

"China's total gold output decreased as the industry is upgrading the production techniques and cleaning up some mining rights issues," said Zhu Yi, senior analyst of metals and mining at Bloomberg Intelligence.