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The year 2023 is set to be a critical turning point for China, not least because the country downgraded its level of COVID-19 management from the strict "Category A" to a much less strict "Category B", starting from Jan 8.
An International Monetary Fund (IMF) official has said that recent data indicates confidence and consumption are coming back in China after the country adjusted its COVID-19 pandemic response, noting that he expects "revenge consumption" to play out in the country.
East China's Zhejiang province is ramping up efforts to attract more investment and a delegation has been sent to the Hong Kong Special Administrative Region to this end recently.
China's fixed-asset investment increased by 5.1 percent year-on-year to reach 57.21 trillion yuan ($8.48 trillion) in 2022, data from the National Bureau of Statistics showed on Tuesday.
Doctors say a successful vaccination campaign should outweigh worries over the spread of a new Omicron subvariant.