On Saturday, December 13, 2025, Beijing buzzed with economists and policymakers at the 20252026 China Economic Annual Conference. Hosted by the China Center for International Economic Exchanges (CCIEE), the event set the stage for China's high-quality growth goals as it kicks off the 15th Five-Year Plan period (20262030). Here's what you need to know! 🔍
Resilience and Growth Outlook 🚀
Executive deputy director Han Wenxiu highlighted that China's economy has stayed on track this year, showing strong resilience against challenges like the pandemic, supply chain hiccups and natural disasters. With major indicators beating expectations, global institutions now see China posting around 5% growth for 2025 and 2026. That means China continues to be a key driver of the world economy.
Trade, Income and Policy Support 🌐
Officials outlined priorities to keep foreign trade rolling, boost service exports and push digital and green trade. To ensure everyday people feel the benefits, policies will aim to grow household incomes in step with economic expansion. On the macro side, expect a proactive fiscal stance, moderate monetary easing and stable renminbi exchange rates—all to support near-term growth while keeping risks in check.
Consumption on the Rise 🛍️
Celebrate those trade-in deals! Since early 2025, exchange programs for consumer goods and big equipment upgrades have sparked strong sales. New energy vehicles made up nearly 60% of car sales in November. Next year, authorities plan to turbocharge consumption with income growth plans, pension hikes and fewer restrictions on services—plus a friendlier environment for overseas shoppers.
Green Energy Push 🌱
Green growth took center stage. The conference called for a blueprint to build a powerful energy system, ramp up new energy frameworks, and boost clean use of fossil fuels. Carbon peaking, energy-saving upgrades and a stronger carbon trading market are on the agenda. Expect zero-carbon industrial parks and new green-fuel innovations like hydrogen energy.
Improving Business Environment
To keep the market fair and competitive, authorities will use smarter regulations, price enforcement and standards-setting. State-owned enterprise reforms, better support for private businesses and faster resolution of overdue payments made the cut. The goal? A level playing field where innovation and quality win the day.
With these priorities in place, China is setting its sights on high-quality development for 20262030. The conference vibe is clear: steady, green and inclusive growth is the game plan. Stay tuned! ✨
Reference(s):
cgtn.com
