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"Consumption growth will likely pick up on the back of rising disposable income growth, especially that of lower-income households that have higher consumption propensity," Liang said.

"Currency needs to find the right level, I don't worry about Chinese renminbi depreciation," said the EBRD president, who shared an optimistic outlook on the world's second-largest economy.

"Chinese companies not only look for profits for themselves. They also look for win-win results so that business could last," he said.

"China's commitment to develop smart airports is injecting new opportunities into global aviation by creating a worldwide market for innovative ideas and technologies," said Chris Tam, TLD Group Asia vice president.

"Contacts in the steel and aluminum industries expected higher prices as a result of the tariffs on these products but had not planned any new investments to increase capacity," the minutes said.