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The Regional Comprehensive Economic Partnership agreement, which took effect on Jan 1, will spur technological innovation of Chinese enterprises, accelerate the upgrading of traditional industries, and add more resilience to regional industrial and supply chains, experts said.
The US decision to reinstate certain "Section 301" tariff exclusions for Chinese product categories sends a positive signal for benign interactions in bilateral economic and trade relations, which will help stabilize expectations for global supply and industrial chains, experts said on Monday.
China's latest arrangement on the issuance of large-scale value-added tax credit refunds will significantly boost market confidence, spur business investment and stabilize the overall economy amid downward pressures, experts said on Tuesday.
Inflation expected to be kept under control on govt measures
China's full-year inflation is likely to stay generally under control in 2022 with the government's effective measures to ensure stable supplies and prices of bulk commodities, experts said.