Phil typically gets rousted out of the Gobbler's Knob tree stump about 7:15 a.m. by an entourage wearing top hats and tuxedos.

WSJ: Had your winter Phil? Check Groundhog Day forecast

Obama will join the President at the National Park Service at the National Park Foundation's Annual National Christmas Tree Lighting Ceremony held on the Ellipse at 5:00 p.m. eastern.

WHITEHOUSE: Press Briefing

Mr. Gao said that CIC is still heavily invested in the U.S. "I'm not diminishing it, but I'm not hanging everything in one tree, " he said.

WSJ: China Fund Chief Raps U.S.