Chinese leaders promised on Thursday to maintain a "proactive" fiscal policy next year that would stimulate both consumption and investment to maintain high economic growth, which analysts expect Beijing to target at roughly 5%.

According to the World Bank’s latest China Economic Update, Advancing Reforms, Enhancing Prospects, growth is estimated at 4.9% in 2025 and projected at 4.4% in 2026, as existing headwinds are expected to persist.

Join us for a discussion on policy priorities emerged from China's annual Central Economic Work Conference and their implications for China’s economic trajectory in 2026.

The International Monetary Fund on Wednesday urged China to make the "brave choice" of speeding up structural reform, as pressure grows on the world's second-largest economy to shift towards a consumption-led model and curb reliance on debt-driven exports.

China will implement more proactive and impactful macroeconomic policies, formulate more far-sighted, more targeted and better-coordinated policies, continuously expand domestic demand and optimize supply,