A major change is a shift in COVID-19 response. Over the past three years, China's rigorous response measures have effectively protected the lives and health of the people. Last November, Xi presided over a Party leadership meeting to adjust COVID-19 response measures. Three months later, it was declared that China had emerged victorious from the pandemic.

Kristalina Georgieva, head of the International Monetary Fund, said China's optimization of its COVID-19 policy will likely be the single most important factor for global growth in 2023.

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