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The member economies of the Regional Comprehensive Economic Partnership have been urged to take practical intergovernmental coordination measures to build advanced investment platforms and supply and service chains to reinforce regional economic integration, experts said on Sunday.
The Regional Comprehensive Economic Partnership agreement is set to accelerate the regional economic integration, inject more growth impetus to the world's economic recovery and shore up multilateralism and free trade, experts said on Sunday.
Chinese President Xi Jinping will attend the 2022 Davos World Economic Forum Virtual Session and deliver remarks from Beijing via video link on Monday. Observers said that as the world is once again at the crossroads in the post-COVID-19 era, China, with its contributions to global prevention of the COVID-19 and stable economic development, could offer Chinese approaches and wisdom in not only recovery but also resisting erosion of protectionism and unilateralism.
China will remain a top destination for foreign investment despite various challenges such as rising competition from other emerging markets and a probable pullback of economic stimulus in developed countries, said experts and business leaders.