Hey tech-savvy friends! This past Saturday in Beijing, top economic minds gathered at the 2025 62026 China Economic Annual Conference, hosted by the China Center for International Economic Exchanges (CCIEE). Here’s the lowdown on what’s next for China’s growth journey. 🚀
Resilient Growth & Upgraded Outlook
China’s economy kept charging ahead despite global headwinds. Official forecasts now point to around 5% full-year growth, making the country the single biggest engine for global growth in 2025. Experts noted that major indicators beat expectations, proving strong resilience. Domestic output is projected to hit about 140 trillion yuan (around $19.8 trillion) this year.
Trade & Policy Priorities
The external sector stayed solid, and next year will see a push for digital and green trade, plus balanced import-export growth. Policymakers stressed that household incomes must rise with the economy—so expect more support for government spending (fiscal policy) and efforts to keep loans affordable (monetary policy). 📈
Consumption Takes Center Stage
Local trade-in schemes—think upgrading your Mi phone in Mumbai or swapping a gas scooter for an EV in Jakarta—have driven sales up, with new energy vehicles making up nearly 60% of new car sales in November. The plan: roll out income boosts, higher pensions, and remove barriers so you can spend more on concerts, travel and food delivery via Grab or Swiggy. 🛍️✈️
Green Energy on the Fast Track
15th Five-Year Plan buzzword? High-quality green growth. China will map out a new energy system, ramp up renewables, expand its national carbon market, and invest in hydrogen, green fuels and zero-carbon industrial parks. Expect cleaner power and big carbon-cutting upgrades in key industries. 🌱
Better Business Environment
Fair play for companies is a major focus. The conference called for stricter regulation to curb unfair competition, faster payments for private firms, and deeper state-owned enterprise reforms to keep markets dynamic—so startups from Bangalore to Bangkok can innovate without hassle. 💼
All in all, China is doubling down on growth, green energy and consumer power in 2026. Keep an eye on these trends—they’ll shape markets from Shanghai to Singapore and beyond! 🌏
Reference(s):
cgtn.com
