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"Creating long-term productive assets requires wise and patient capital - a difficult challenge, and this is the reason that there is such a vast global deficiency in infrastructure investment. So Chinese capital and know-how are very important to fill this gap," he said.

"China's effective measures are very impressive, particularly, setting up a 1,000-bed hospital in just ten days does amaze the world," he said in an interview with Xinhua.

"China will keep improving the market-oriented foreign exchange regime and maintain flexibility of the yuan exchange rate, generally at a reasonable and stable equilibrium this year," said Wang Chunying, spokeswoman of the State Administration of Foreign Exchange, the country's foreign exchange regulator.

"China should put more emphasis on its structured monetary policy to push for the financial sector to better serve the real economy, with a focus on providing funds－especially medium-to long-term funds－to support fixed asset investment, manufacturing investment, science and technology startup financing, and rural revitalization," Chen said.

"Currently, Africa mostly trades in raw materials with China, for instance, and imports of manufactured goods from Beijing, thus since the AfCFTA's developmental approach is solidly grounded in Africa's political economy realities and development challenges, then increased local trade would boost the continent's export power and diversification," he said.