During its December meeting, the Politburo of China established economic priorities for 2026, emphasizing the need for a more proactive macroeconomic policy. The country's leadership reaffirmed its intention to accelerate the development of a new growth model and promote high-quality growth as China enters the final year of its 14th five-year plan.
Officials noted significant progress in the development of new productive forces, the implementation of reforms, and the mitigation of risks. According to the leadership, the main goals of socio-economic development remain on track, suggesting that the target GDP growth rate of around 5% could be achievable. Despite recent slowdowns in investment metrics, there was no urgent call for additional stimulus during the meeting.
Attention was focused on meticulous planning for the next stage of economic development. The December meeting serves as a crucial signal for understanding China's economic direction, with leadership maintaining policy continuity as the current planning cycle comes to an end.
