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"Considering the billions of doses needed, and the risk [of] falling at the back of a very long line for Western vaccines, the appeal of the Chinese vaccines is apparent," Taimur Baig, chief economist and managing director at DBS Group Research, said in a note to US business news channel CNBC.

"Compared with the most strong green financing market, we still need to catch up in terms of clarifying standards, adopting green principles, conducting environmental analysis and incubating green companies," Ma said.

"Compared with the MLFs, the TMLF provides commercial banks with funds of lower borrowing costs and longer maturity, facilitating their lending to private and small businesses," said Liu Chunsheng, an associate professor at the Beijing-based Central University of Finance and Economics.

"China's trade surplus with the United States is not as big as it looks if we take into account factors such as statistical approaches, entrepot trade and service trade," he said.

"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."