Market uncertainty due to the ongoing trade dispute between the U.S. and China has spurred a jump in trading volumes for the dollar-yuan currency pair in recent months.
Xi Jinping's opening speech kicks off the week-long China International Import Expo that promotes the world's second largest economy as a major consumer of global goods.
China's central bank promised more preemptive, flexible policies in 2019.
Jeff Ng of Continuum Economics says there are still "pockets of resilience" in the Chinese economy, and the slowdown is due to structural and cyclical factors.
Frances Cheung of Westpac Banking Corporation says there were "enlarged outflows" from China's foreign exchange balances in September as the Chinese yuan weakened.
China's central bank says it will issue a total of $2.87 billion of bills out of Hong Kong next month, its first issuance in the former British colony, the world's biggest offshore yuan clearing center.
Andrew Collier of Orient Capital Research says a significant depreciation in the Chinese yuan would send a "red flag" to U.S. President Donald Trump's administration.
Tuan Huynh of Deutsche Bank Wealth Management says an "immediate solution" to the U.S.-China trade war is not expected.
Max Lin of NatWest Markets says the People's Bank of China will likely let the yuan "trickle higher" and break the 7 handle against the dollar in the first quarter of 2019.
China stocks closed higher on Monday, with the Shanghai composite jumping by 4.09 percent while the Shenzhen composite surging 4.9 percent.
Weaker-than-expected GDP data and a sharp Thursday selloff couldn't dent Chinese stocks on Friday.
Raymond Lee of Kapstream Capital says it "makes sense" for Chinese regulators to come in and stabilize the stock market in a way that is beneficial for the economy as a whole.
China said on Friday its economic growth slowed to 6.5 percent year-over-year in the third quarter of 2018, missing expectations.
Hao Zhou of Commerzbank says the Chinese authorities "need to think twice" before allowing the dollar-yuan to "easily get through 7."
Mansoor Mohi-uddin of NatWest Markets expresses concern that the dollar-yuan could break the 7 mark before the end of 2018.
China's new bank loans rebounded in September after dipping in the two previous months, central bank data showed, but overall credit conditions stayed tight in an economy chilled by an ongoing tariff war with the U.S.
China's producer price inflation cooled for the third straight month in September from 4.1 percent in August — an indication of slowing economic momentum amid escalating trade tensions with the U.S.
Major stock indexes across Asia fell on Monday afternoon, following a sell-off last week.
Khoon Goh of ANZ says China's central bank appears 'relaxed' about the yuan, given the trade tariffs and with slowing growth.
Given factors such as a weakening Chinese economy and more accommodative monetary policy, a weaker Chinese yuan is "expected," says Timothy Adams of the Institute of International Finance and former under secretary for international affairs at the United States Department of the Treasury.