US EditionChina will push more proactive macro policies in 2026, Xi says
China plans fiscal and investment measures including a 62.5 billion yuan consumer trade-in scheme to support consumption and long-term growth, aiming to meet a 5% growth target.
- President Xi Jinping pledged more proactive macro policies for 2026 during the New Year's tea party in Beijing, CCTV reported.
- After faltering momentum in 2025, China is expected to reach its 140 trillion yuan GDP with an around 5% growth target, despite weak household consumption, deflation, and a property crisis.
- The central government allocated special treasury bond proceeds to local governments to fund a consumer goods trade-in scheme next year and China's state planner released early investment plans including two major construction projects about 295 billion yuan.
- Chinese leaders said the measures aim to boost incomes and consumption, while major stock benchmarks ended this year on a high note with strong annual gains.
- Amid intensifying U.S. rivalry, Xi emphasised science and technology emphasis and technological self-sufficiency as `Big Fund` entered a third phase with 344 billion yuan, while China's trade surplus topped $1 trillion in November.
16 Articles
16 Articles
China will push more proactive macro policies in 2026, Xi says
China will implement more proactive policies in 2026 aimed at supporting long-term growth, with its economy expected to meet Beijing's growth target of about 5% this year, state media reported President Xi Jinping as saying on Wednesday.
China economy 2026: Xi to push for proactive macro policies after industrial slump
China has announced plans to implement proactive macro policies in 2026, aiming to boost the overall economy and shore up long-term sustainable growth. The announcement comes as China's industrial...
Chinese President also promised to implement 'proactive' macroeconomic policies for 2026
Chinese economy nears ¥140 trillion as Xi pledges stronger support for long-term growth - Times Kuwait
Chinese President Xi Jinping announced that Beijing will adopt more proactive economic policies in 2026 to reinforce long-term growth, as the world’s second-largest economy moves toward meeting its annual expansion target despite mounting internal challenges. Speaking during a New Year’s ceremony attended by senior officials of the Chinese Communist Party, Xi said the country’s economy …
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