Imagine leveling up your favorite game 🎮—that's what the Chinese mainland is aiming for in 2026: boosting domestic demand to power its economy to new highs. 🚀
In 2025, the Chinese mainland's domestic demand stayed stable and contributed a whopping 71 percent of economic growth in the first three quarters. That means recent consumption-boosting moves are paying off!
So, what's on the menu for 2026? First, policies will tackle both sides of the market. The plan includes an income growth program for urban and rural residents, pushing for high-quality, full employment, and raising basic pensions. The goal? Keep residents' wallets energized and ready to spend. 💸👛
Next, the supply of top-notch goods and services will expand. Think new consumption scenarios—everything from housekeeping services to tourism wellness retreats. There's even a push to build the "Buying in China" brand to tap into inbound consumption's huge potential. ✈️🛍️
On the investment front, the government will flex its spending muscles. Central budget funds, ultra-long-term special government bonds, and local government special bonds will back major projects that drive the economy forward. 💼📊
But private players won't be left out. A series of measures will fire up private investment, opening doors for private enterprises to join big projects in railways and nuclear power. Plus, new fields like high-tech and services are on the radar. 🔧🖥️
For news enthusiasts, entrepreneurs, and explorers alike, these moves signal fresh opportunities: more products to choose from, investment channels to explore, and growth areas to watch. 2026 could be the year the Chinese mainland's economy levels up in a big way! 🌟
Reference(s):
Expanding domestic demand is a top priority in 2026: Chinese official
cgtn.com
