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Analysts said Monday's move has helped to boost market confidence and marked the central bank's largest single-day liquidity injection in history through such an open market operation.

An ownership shake-up in Zhuhai, Guangdong province-based Chinese appliances giant Gree Electric Appliances Inc will not only boost its market competitiveness, but help it to effectively diversify operations in the future, an industry expert said on Tuesday.

Analysts said China should further encourage construction of gas storage tanks to prevent future gas shortages, especially given the country's high dependence on oil and gas imports.

Angel Chen. [Photo provided to China Daily]

And 45 percent of the manufacturers hold the view that New Retail will have a profound positive impact on the overall retail business, while 48 percent think New Retail will hurt the retail industry to a certain extent.