# economic policy
Latest news and articles about economic policy
Total: 7 articles found
Beijing Bets on More Than ¥6 Trillion of GDP Growth to Shore Up Jobs and Stability
NDRC chief Zheng Zhaijie told an NPC press briefing that China expects this year’s incremental GDP to exceed ¥6 trillion, a figure Beijing says will underpin jobs, livelihoods and risk control. The projection highlights a policy emphasis on generating a specific quantum of new economic activity through targeted fiscal and credit measures rather than on a single headline growth rate.
China Sets a Modest 4.5–5% Growth Target for 2026, Signalling Caution and Flexibility
Beijing set a moderately conservative economic growth target of 4.5–5% for 2026, signalling a policy stance that prioritises stability, debt control and targeted support over broad stimulus. The range gives authorities room to act if risks materialize while emphasising structural reforms and employment stability.
China’s Factory Activity Slips in February as Late Lunar New Year Clouds Recovery
China’s manufacturing PMI slipped to 49.0 in February, with seasonally driven holiday shutdowns and subdued demand pulling down production and new orders. Analysts expect a March rebound as factories restart and support measures take effect, but persistent weakness could increase the likelihood of monetary easing.
Xi-led Politburo Endorses Draft 15th Five‑Year Plan, Signals Continued State‑led Push for High‑Quality Growth
China’s Politburo, chaired by Xi Jinping, reviewed the draft 15th Five‑Year Plan and the government work report ahead of the NPC session, praising the 14th plan’s achievements and setting priorities for 2026–30. The leadership signalled continued state‑led efforts to boost high‑quality growth, tech self‑reliance, and domestic demand while using active fiscal and moderately loose monetary policy to stabilise the economy.
China’s Economic Powerhouses Lower 2026 Growth Targets, Pointing to a Softer National Aim
Major Chinese provinces have trimmed their 2026 GDP growth targets, with six of the top ten lowering their goals and Guangdong setting its target below 5% for the first time since 2000. Analysts see the moves as a realistic response to structural limits, debt adjustment and a policy tilt toward quality over quantity, raising the likelihood of a national target in the 4.5–5% range.
Xi Chairs Politburo Meeting to Lock In 2026 Agenda as China Enters the 15th Five‑Year Cycle
The CCP Politburo, chaired by Xi Jinping, reviewed and approved 2026 work plans for five major party‑led state organs and the Central Secretariat, praising their 2025 performance and demanding strict implementation of the party centre’s directives. The meeting frames 2026 as the start of the 15th Five‑Year Plan and emphasises political unity, disciplined party governance and a stability‑first approach to economic and institutional priorities.
China Tops 140 Trillion Yuan in 2025 — Growth Hits 5% but Reveals K‑Shaped Fault Lines
China met its 2025 growth target, recording 5% GDP growth and crossing 140 trillion yuan, while per‑capita GDP rose to about $13,953. The expansion was sharply uneven: high‑tech and equipment manufacturing led the gains even as investment fell and consumer momentum softened, producing a K‑shaped recovery and renewed calls for targeted fiscal and redistributional measures.