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The eight key tasks of China’s economic work in 2026

The Central Economic Conference in Beijing in December 2025 identified eight key tasks for China’s economic work in 2026. Several of these areas particularly interest me as a China expert. Among the most important tasks for China’s economic work in 2026 is promoting a policy of supporting service exports through various measures to boost household income, raise basic pensions, and remove restrictions in the consumer sector. What struck me most during the Central Economic Conference meetings in Beijing in December 2025 was its emphasis on China’s continued opening up. This will provide tremendous global growth opportunities by expanding trade and investment, especially in the technology and renewable energy sectors, deepening integration into global value chains, and increasing demand for resources. This will drive the global economy in conjunction with China and create new partnerships, focusing on “high-quality development” and “high-level opening up” as fundamental pillars for mutual benefit and to stimulate innovation within the Chinese economy.

–            Main Tasks of the Beijing Economic Conference in December 2025

1)       Providing a huge market and investment opportunities: By increasingly encouraging the opening of its doors to foreign companies, China will create diverse opportunities in various sectors such as technology, innovation, and services.

2)       Making the Chinese economy an engine of global growth: The recovery and growth of the global economy depend heavily on China’s contribution, which accounts for a large share of the global economy.

3) Expanding free trade: China strongly supports free trade and the signing of regional agreements, reducing barriers and promoting trade exchanges.

4) Expanding the wheel of Chinese overseas investment: By significantly deepening the contribution of Chinese direct investment abroad to the economic development of other countries.

5)       Promoting innovation-led development in China to accelerate the development of new growth engines in 2026: This will bring significant benefits to foreign consumers and investors.  The meeting approved a package of policies aimed at strengthening the role of companies in innovation and implementing a new round of measures to develop high-quality key industrial chains, deepening and expanding fields such as artificial intelligence, which will bring more innovation opportunities to the world.

– Sectors in which China will expand in the future:

A) Innovation and Technology: China is a leader in fields such as artificial intelligence, renewable energy, and agricultural technology, driving global innovation.

B) Advanced Manufacturing: China’s rapid transition to high-quality development focuses on industrial upgrading and technological innovation, creating new products and services.

C)     Promoting Globalization: China opposes protectionism and supports inclusive economic globalization, creating a more interconnected and integrated global economy.

D)     Building a Community with a Shared Future for Mankind: The ultimate goal of China’s economic growth is to achieve common development and improve livelihoods for all, promoting win-win international cooperation.

–             Areas of China’s contribution to global development and the global economy in 2026, through:

1)       Product supply: As the “world’s factory,” with a focus on advanced technology.

2)       Demand stimulation: China’s enormous demand for commodities, energy, and raw materials supports other economies.

3)       Knowledge and technology transfer: Through investments and joint ventures.

4)       Support for sustainable development: By focusing on clean energy and green sectors.

   Accordingly, we understand that the main tasks for 2026, identified during the Central Economic Conference in Beijing in December 2026, are comprehensive and diverse. Chief among them is building a strong domestic market in China, reflecting a future strategic direction for the Chinese economy. This will promote sustainable development, support high-quality growth, foster innovation-led development, and uphold openness to the outside world. This means providing broader development opportunities for foreign investment and achieving growth that is synchronized with the development of the Chinese economy.

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