In new year, all rebound signs flash go go go

Several business confidence surveys have shown that China's attractiveness is regaining traction among entrepreneurs despite a slower GDP growth.

Based on a study of over 5,000 industrial businessmen nationwide, the People's Bank of China set the entrepreneur index at 54.2 percent by December, a third quarterly growth in a row.

China's factory output and retail sales grew faster than expected by the end of 2016 as a strong housing market and a government infrastructure spending spree underpinned growth in the world's second-largest economy.