With these developments, we believe an imported soft landing is now in sight.

鉴于上述种种动向，我们认为，输入型软着陆已经进入视野。

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We expect industrial profit margins to be subject to increasing downward pressures, as the imported soft landing materializes over the course of the year.

我们预计，随着输入型软着陆在今年年内逐渐成为现实，中国工业部门利润率下滑的压力将不断增大。

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