"We can expect a travel boom after the #COVID pandemic in China's tourism industry, but that may have little to do with travel agencies as consumer habits & travel modes have changed," said Zhou Weihong, head of Shanghai Chunqiu Int'l Travel Agency. gingerriver.com/p/how-pandemic…
China's annual Central Economic Work Conference held in Beijing from Thursday to Friday noted that China's economic performance in 2023 is expected to witness an overall recovery and improvement.
Among many tasks, expanding domestic #demand was highlighted as a priority by the conference in order for it to play a larger role in driving economic growth, & forming new #consumption scenes was mentioned as one of the main work to fully tap the potential of the domestic market
As #China optimized its #COVID response, seizing the opportunities presented by the new consumer demands & the new consumption scenes appears to be essential for both new players & established ones who have recently survived the storm.
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China revealed its methodology for calculating the death toll of #COVID in a press conference on Tuesday: Deaths due to pneumonia & respiratory failure caused by COVID which is determined to be the primary cause are classified as deaths due to COVID infection. Deaths caused by /1
other diseases & underlying conditions, such as cardiovascular & cerebrovascular disease & heart attacks, are not classified as deaths due to COVID. /2
With considerable decrease in pathogenicity of #Omicron strain & widespread vaccination, the characteristics of death caused by COVID infection have changed significantly, explained Wang Guiqiang, director of infectious disease department of Peking University First Hospital./3
The #Beijing municipal government has called for immediate restoration of normal production & living conditions, saying #COVID patients who have recovered from illness & have been released from home isolation can return to work without the need for nucleic acid & antigen testing.
The administration of #Nanjing, the capital of Jiangsu Province in east China, declared that beginning on Dec. 19, 2 million antipyretic tablets will be continually released to the market each day, with a limit of 6 tablets per customer & can be purchased with medical insurance.
In east #China's #Zhejiang Province, the local government punished a number of retailers
which illegally raised the prices of materials related to the COVID epidemic, with the biggest price hike being 600%.
#China's new #COVID responses will have an impact similar to the "J-curve effect" on its economy, Han Wenxiu, an official with the Central Committee for Financial and Economic Affairs, said on Saturday. (source: Xinhua/Caixin) A thread:/1
When viewed as a whole, the optimized COVID control & prevention measures will disrupt economic operations in the short term, but will be a significant benefit throughout the year, said Han at an economic conference held by China Center for International Economic Exchanges./2
China's economic data in the 1st quarter of 2023 are expected to be relatively low, but a significant rebound in the 2nd quarter is expected, and the order of social production and life will accelerate to recover, said Han. /3
5 key quick takeaways of #China's annual Central Economic Work Conference:1) It described China's external environment in previous year as "high winds, choppy waters," a noteworthy assessment that serves as a reminder of #Russia-#Ukraine conflict& US's technological repression
2) Many ppl were indeed very pessimistic about the prospects of private enterprises in China. The conference emphasizes the "Two Unwaverings", reflecting its support for private enterprises. Exaggerated remarks that scare private businesses will be met with opposition.
3) "Improve public expectations and boost confidence for development." was underscored in a unique place, indicating that social psychology & confidence have taken a major hit from the #COVID epidemic in the past 3 yrs & must be restored ASAP.
The annual Central Economic Work Conference 中央经济工作会议 was held in Beijing from Thursday to Friday as Chinese leaders decided priorities for the economic work in 2023. (source: Xinhua/CCTV/The Paper) A thread. /1
Delivering an important speech at the conference, Chinese President Xi Jinping reviewed the country's economic work in 2022, analyzed the current economic situation and arranged next year's economic work. /2
The meeting called for vigorously developing digital economy & improving the level of regular supervision. It is important to support the platform enterprises in leading development, job creation & international competition./3
LateNews claimed that it converted the data provided by the National Health Commission & discovered that the number of vaccinations administered nationwide beginning on Dec. 9 was a magnitude greater than this summer. (unit: 10,000 doses) 🧵/1
It added that the elderly, particularly those over 80 years old, still have low vaccination rates./2
#China's top respiratory disease expert Zhong Nanshan said "I believe that we will see a more open, sunny, optimistic, & energetic society early next year," as he concluded a lecture on China's #COVID response on Thursday. (source: The Paper) /3