China’s leaders met in Beijing for the Central Economic Work Conference to set the country’s economic direction for 2026, the first year of the new Five-Year Plan. President Xi reviewed 2025’s performance and outlined priorities for the year ahead. The government plans to focus on steady, high-quality growth by boosting domestic consumption, supporting innovation—especially in high-tech and AI—and expanding openness in the services sector and free-trade zones.
Data shows consumer spending remained strong in 2025, and China continues to rise as a global innovation hub. Trade also grew despite global challenges. The overall message is that China is entering 2026 with confidence, clearer policies, and the intention to create more opportunities for both its own economy and international businesses.
Credit : CGTN
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