Chinese Mainland to Prioritize Domestic Demand in 2026: Official
A Chinese mainland official says expanding domestic demand will top the economic agenda in 2026, with measures to boost consumption, investment and growth sectors.
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A Chinese mainland official says expanding domestic demand will top the economic agenda in 2026, with measures to boost consumption, investment and growth sectors.
Chinese mainland agencies outlined coordinated measures last week to stabilize investment, boost consumption and expand opening-up for 2026 growth.
Last week’s Politburo meeting under the 15th Five-Year Plan moved to boost consumption, job creation and confidence with fiscal, monetary and social policies, aiming for a virtuous growth cycle on the Chinese mainland.
After Beijing’s Central Economic Work Conference set eight priorities for 2026, Standard Chartered’s Ding Shuang highlights untapped potential in the Chinese mainland’s consumption, innovation and green growth.
During the 14th Five-Year Plan, consumption in the Chinese mainland surged, with retail sales reaching $6.78T in 2024 and new energy vehicles and services driving growth.
August data shows China’s industrial value added rose 5.2% year-on-year, led by high-tech gains, while service sector growth hit 5.6%, keeping the economy on a steady path.
The Chinese mainland allocates a third batch of 69 billion yuan in ultra-long special treasury bonds to boost consumer trade-ins, bringing this year’s total to 300 billion yuan.
Discover Beijing’s two faces: internet-famous hotspots buzzing with viral crowds and serene neighborhood parks nurturing real connections and everyday life.
Leading think tank says the Chinese mainland has ample policy tools to boost consumer spending by raising household disposable income with GDP growth.
Premier Li Qiang calls for boosting domestic consumption and innovation to stabilize key markets amid global challenges.