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Angola has set up an attractive business environment which will help attract more Chinese enterprises and investors, the minister said.

Anez said that it was "a tough but necessary decision," clarifying that markets and supply centers will be open until noon, and factories, production centers, and the transportation of essential products will function as usual.

Analysts from Shanxi Securities further explained that the leading Chinese home appliance-makers have accelerated their overseas mergers and acquisitions.

And it is not just beef.

An unrealistic target would push local governments to take aggressive stimulus measures, especially by promoting infrastructure investment. That could lead to a "flood" of monetary easing, and capital-intensive infrastructure investments would not be helpful for reducing unemployment in the short run, he said.