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New guideline on social credit lifts A shares

Market mavens said on Wednesday that China s A-share investors had welcomed Tuesday s guideline from the country s leadership to improve the social credit system in order to make the overall capital market healthy and facilitate high-quality economic development.

VAT refunds to boost vitality

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.

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