Confidence in China's economic trajectory for 2026 also stems from the country's commitment to opening up. Its efforts to expand market access, with a focus on the service sector, and to promote foreign investment and high-quality cooperation along the Belt and Road, will create enormous opportunities for shared growth. Aiming to peak its carbon dioxide emissions before 2030, China is expected to accelerate its ecological transition across all areas, driving development through smart grids and the development of hydrogen and green fuel industries, among other initiatives. Amid multiple domestic and international challenges, China will adhere to the general principle of pursuing progress while ensuring stability. Firmness is the clearest signal in a turbulent world. The new five-year plan, which sets out China's strategic intentions and government priorities, will shed light on policy continuity, explaining why China will undoubtedly remain a key driver of world economic growth and a beneficiary to the world through its modernization. This year, the country is expected to advance reforms in areas such as building a unified national market and the investment and financing of the capital market. A five-year plan For 2029, China aims to complete more than 300 major reform tasks proposed in 2024, which will strongly boost the country's modernization. During the annual 'two sessions' of China's top legislative body and top political advisory body, important measures will be discussed to boost domestic demand and build a strong domestic market, promote scientific and technological innovation and self-reliance, deepen reforms, and expand high-level opening-up, among other priorities. These measures will be combined to fully leverage the potential of the Chinese economy and catalyze new growth drivers in multiple areas. Meanwhile, the country will boost investment through measures such as stimulating private investment and appropriately increasing the scale of investment within the central government's budget.
