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"Firms anticipate a recovery in production over the next year due to expectations that production will be ramped up once the coronavirus-related restrictions are lifted," said a report jointly released by media group Caixin and information provider IHS Markit on Monday.
"Further decline of investment and consumption in July means policies need to be adjusted at a quicker pace," said Liu.
"For the next step, we will roll out policies as soon as possible to ensure the tax and fee cuts will be put into place, and make market entities - especially small and micro enterprises - really feel the benefits," he said.
"Global growth is projected at –3.0 percent in 2020, an outcome far worse than during the 2009 global financial crisis," the IMF said in World Economic Outlook released Tuesday. It added that there was "extreme uncertainty", and the situation could get much worse.
"From the perspective of design, we'd like to use these delicate and hand-made materials to counterbalance the icy feeling brought by the pervasively applied technology," Thogersen noted.
来源：资阳报