# Yin Hejun

Beijing Puts Tech and State Capital at the Centre of Its Growth Pitch as NPC Opens

At the opening of the 14th National People’s Congress, Chinese leaders and ministers billed 2025 as a year of record R&D and rapid AI and robotics deployment, with state-owned enterprises ploughing trillions of yuan into strategic emerging industries. Officials framed these gains as evidence that Beijing will continue to rely on state-directed investment and technology-driven industrial policy to steer China's economy in 2026.