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Analysts from China International Capital Corporation Limited wrote in a note that the reverse repos will be able to give enough room to financial institutions in terms of providing support to the micro and small-sized enterprises and privately owned companies.

Anger rooms help visitors relieve their frustrations

Analysts said that the reform measures are an example of China's efforts to deepen market-based reform in the financial and banking industry. It is also a response to the top leadership's call for improving the role of the financial industry to better serve the economy and support smaller businesses which is crucial for the country to achieve the goal of ensuring stability in key areas such as employment and people's livelihoods.

Angel Djambazov is the editor of ReveNews and the owner of Custom Tailored Marketing.

Andriamandavy VII Riana, Madagascar's minister of communication, information and relations with institutions, said China and Africa share a mission of promoting development and improving the living conditions of their people.