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Digitalization key to growth amid headwinds
Looking back on the years of the COVID-19 pandemic, despite many serious challenges, globalization remains an important reality. Today, trade and investment remain the strongest drivers of economic vitality, both for China and the world. Exports played a significant role among China's major means of economic growth in 2021 and 2022. In 2021, when the nation's fixed-asset investment increased 4.9 percent year-on-year and consumption 12.5 percent, foreign trade surged 21.4 percent, with exports rising by 21.2 percent. In 2022, the nation's fixed-asset investment registered a 5.1 percent rise year-on-year, while ... (full story)