While the broader economy still faces challenges from an evolving external environment, rising geopolitical tensions and lingering structural pressures at home, officials, economists and global business leaders remain broadly optimistic about the outlook.
China's latest Government Work Report signals a shift toward securing more sustainable expansion, as policymakers lower the headline target while prioritizing structural reform and long-term stability, economists said.
China's national lawmakers on Thursday approved a development blueprint for the 2026-2030 period, marking a pivotal step in the modernization drive of nearly one-fifth of the world's population.
China is stepping up policies to boost domestic demand and consumption this year to ensure it achieves its 2026 growth target and starts the 15th Five-Year Plan (2026-30) period on a strong footing, senior officials said on Friday.
China's economy is set to see a strong start for the 15th Five-Year Plan (2026-30) period, said Pan Jiaofeng, a deputy to the National People's Congress and president of the Institutes of Science and Development, which is part of the Chinese Academy of Sciences.
The meeting noted that the 15th Five-Year Plan period will be critical as China works to reinforce the foundations and pushes ahead on all fronts toward basically realizing socialist modernization by 2035.
Xi Jinping, general secretary of the Communist Party of China Central Committee, asked senior Party officials to ensure a good start to the 15th Five-Year Plan period (2026-30).
An elderly person chats with a staff worker at an elderly care service center in Qiongshan district of Haikou, South China's Hainan province, Oct 29, 2025.Jin will be among around 2,100 CPPCC National Committee members gathering in Beijing in March for the annual session, where the formulation of the 15th Five-Year Plan (2026-30) will be a central focus.
To significantly improve Shanghai's urban capacity and core competitiveness during the 15th Five-Year Plan (2026-30) period, the city will step up efforts to nurture new growth engines, expand development space and improve living standards, officials said on Wednesday.
The year 2026 marks the beginning of the 15th Five-Year Plan. From the old revolutionary base to a fast-developing province, Jiangxi is building its global engine.
Foreign institutions and global executives are striking a broadly upbeat tone on China's economy in 2026 and are increasingly confident about new opportunities generated by high-quality growth, citing the country's economic resilience, strong policy support and faster technology-driven transformation.
China's transition to high-quality economic development, its commitment to becoming a leading consumer market, and its renewed pledge to reform and opening-up are providing crucial momentum and stability to the world economy amid rising economic fragmentation, experts said.
While fiscal and monetary policies are essential to expand demand, Su said expanding high-quality demand depends on developing new quality productive forces through product innovation and process innovation.
While Shanghai has already overtaken all other cities with a whopping 10,000 cafes, flavor is no longer the main factor competing for coffee lovers' attention.
In a recent analysis of China's upcoming 15th Five-Year Plan (2026-30), Denis Simon, a non-resident fellow at the Quincy Institute and senior lecturer at Duke University, outlined four key pillars that will define the country's strategic direction for the coming five years.
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