There has been a big influx of talent making the move to China with the likes of Oscar, Axel Witsel, Carlos Tevez and John Obi Mikel among those to have transferred in January.
However, Giroud - who recently extended his contract at Emirates Stadium - is keen to prioritise winning further honours with Arsenal, regardless of how tempting an offer may arrive from China.
"Honestly, from my point of view I will tell you that I can understand," Giroud told reporters when asked about the recent big-money moves to China.
"But if you asked me if I want to go now I will tell you no.
"The Premier League is my main target, but once I have won the title one day, why not, you never know."
Giroud has scored 10 goals in 20 appearances in all competitions this term for Arsenal, who currently sit fourth in the Premier League - eight points behind leaders Chelsea ahead of Sunday's encounter with Burnley.