China's Ministry of Commerce has outlined an ambitious roadmap for 2026, prioritizing domestic consumption growth and enhanced global economic integration. The plans, finalized during a two-day Beijing meeting ending January 11, aim to position the world's second-largest economy for sustainable growth during the 15th Five-Year Plan period (2026-2030).
Domestic Market Revitalization
Central to the strategy is the "Shop in China" initiative, which will expand consumer goods trade-in programs and promote emerging sectors like green technology and digital services. The ministry plans to unlock spending potential in smaller cities through upgraded logistics networks and integrated domestic-foreign trade systems.
Global Economic Integration
Building on its Belt and Road partnerships, China will accelerate Silk Road e-commerce development and expand its free trade agreement network. These efforts aim to strengthen supply chain resilience while creating new export opportunities for Chinese businesses.
Balancing Growth and Security
The ministry emphasized strengthened legal frameworks for foreign investment and enhanced risk management systems. These measures seek to protect critical industries while maintaining China's commitment to high-level opening-up policies.
Reference(s):
cgtn.com