Overview
- At a meeting chaired by Xi Jinping, leaders reaffirmed a more proactive fiscal stance and a moderately accommodative monetary policy, according to Xinhua.
- Priorities include stabilising employment, enterprises and markets, expanding domestic demand, and advancing a unified national market.
- The Politburo advanced a draft outline of the next five-year plan and a draft government work report for National People's Congress review in March.
- Officials called for stronger coordination between reforms and macro policy, development of new growth drivers, and higher self-reliance in science and technology.
- China reported 5.0% GDP growth in 2025, while observers expect a slightly lower 2026 target of about 4.5–5% to be set at the upcoming meetings.