Stronger investment is expected to underpin China's economic growth in 2022, yet uncertainty over expansion still largely hinges on the globally rampant COVID-19 pandemic, which may impact consumption and foreign trade growth, experts and industrial insiders said.

The annual Central Economic Work Conference concluded on Dec 10 clearly emphasized stability for sound 2022 and "front-loaded "policies to be taken to prop up growth. It also announced efforts to be made in keeping reasonable market liquidity and bolstering financing support for smaller businesses, technological innovation and green development.

The economic outlook projections triggered by the conference from research bodies have been largely looking toward cross-cyclical measures to boost investment and consumption. A report by the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University said the key for a steady growth in 2022 will be shoring up investment.

--From China Daily