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Anas Alhajji, an energy economist based in Dallas, Texas, told Xinhua that "the main threat for growth in global demand this summer is the rising US dollar."

Ananya Vasishtha, a 13-year-old from Rajasthan, India, lives with her family in Shanghai.[Photo provided to China Daily]

Analysts said the trend is expected to continue in March and April.

And I think it's important that the plans are executed so that the world can truly enjoy the benefits of open market access and a transparent, fair and level playing field. These initiatives are already on track in China, and I certainly hope that they will be successful in the future.

Analysts said the opening-up of the credit ratings industry could also increase allure of China's bond markets for overseas investors, as foreign agencies will provide bond ratings better understood by global investors than domestic ones.