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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.

Anderson has contributed immensely to safeguarding services across Leeds and was recognized for her ongoing work to ensure the safety of families in the city.

Analysts said the move is more of a policy fine-tuning, aimed at strengthening the market's confidence on liquidity, instead of the aggressive stimulus or high-profile monetary easing.

Andrew Cheung Kui-nung (left), the chief justice-designate of the Court of Final Appeal of Hong Kong, walks with incumbent Chief Justice Geoffrey Ma Tao-li on Tuesday outside the CFA building. Tuesday’s appointment will take effect on Jan 11, subject to the Legislative Council’s endorsement. Concerns on whether the appointment will progress smoothly have arisen as political wrangling in LegCo continues to mount over the election of the House Committee chairman. (PHOTO PROVIDED TO CHINA DAILY)

Analysts said the August data show that the Chinese economy has remained on track despite the activity dampening and a tightening of financial regulation.