The uncertainties resulting from China-US disputes in trade and the technology sector and the decline of the global economy may also pose risks for China as these factors could hit the country's exports. In addition, the possibility of a re-escalation of the COVID-19 pandemic as the weather cools down in the third and fourth quarters also means that policy easing may step up again, economists said.
The traditional performance dates back to the Ming Dynasty (1368-1644) when toddlers sat on the shoulders of adults to watch the festivities during the Lantern Festival, which falls on the 15th day of the first lunar month, marking the end of Spring Festival.
The two Koreas also agreed to hold summit talks in April.
The two sides should strengthen coordination and cooperation in multilateral mechanisms such as the United Nations, East Asian cooperation and the Lancang-Mekong cooperation, and effectively safeguard the common interests of both countries, he said.
The two programs have been important in the opening-up of China's financial market, according to the State Administration of Foreign Exchange (SAFE).
The two companies recycled more than 3.2 million units of waste home appliances last year, with its total weight reaching over 95,000 metric tons.
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The trend has softened in the past weeks after the country rolled out multiple measures to stabilize hog production.
The two injured are out of critical condition.
The two sides also exchanged views on issues concerning the United Nations and the World Trade Organization.
The two countries are also committed to synergizing the China-proposed Belt and Road Initiative with the development plans of the Eurasian Economic Union, which groups Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.