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"They're great ambassadors for our nation," he noted.

"Unconventional policies have barely been efficient in lowering interest rates and boosting the credit market amid the global financial turmoil," said a report published by the central bank in 2009, when the U.S., several European countries and Japan launched their first round of quantitative easing.

Moreover, China imported 86.55 million tonnes of coal in the first four months, up nearly 70 percent year on year.

Zhao Qingmin, a financial researcher with the China Construction Bank, said banks will no longer see huge foreign exchanges surplus as the market expects the yuan to devalue in the coming months.

"The commission has safeguarded the common interests of the whole international community and China welcomes the decision," he added.