Chinese President Xi Jinping touts the nation's economic resilience amid challenges in 2023.
Xi's administration faces difficulties sustaining economic rebound post-abandoning strict zero-Covid policy a year ago.
China grapples with record youth unemployment, persistent debt crisis, especially in the crucial property sector.
Official figures reveal a third straight month of factory activity contraction, posing a challenge to growth targets.
Analysts question Beijing's ability to achieve the annual growth target of around five percent.
Beijing intensifies pressure on Taiwan ahead of elections, heightening tensions in the region.
Taiwan gears up for elections on January 13, with independence-leaning candidate Lai Ching-te leading polls.