Cost for the 15-minute firework display will be contributed by businesses.
The city has assigned relevant departments and agencies to make preparations for the fireworks to ensure utmost safety and security.
This will be the second year in a row that the capital city will set off fireworks at just one location due to the complicated development of COVID-19 pandemic.
On previous Lunar New Year’s Eves, fireworks shows were organised in all 30 districts and towns of the city.
Earlier, the capital city canceled all outdoor activities for Solar New Year’s eve, including countdown events and firework displays amid a spike in COVID-19 cases.