China has achieved its key economic and social development targets for 2025 ahead of schedule, with steady growth and strengthened resilience creating tangible benefits for households nationwide, according to National Development and Reform Commission (NDRC) Deputy Head Wang Changlin. The announcement came during a State Council briefing on January 20, 2026, marking a significant milestone in the country's development roadmap.
Wang revealed that authorities are now formulating a comprehensive action plan for 2026–2030 focused on expanding domestic consumption and technological innovation. "Our success in meeting the 2025 targets provides strong momentum for this new phase of development," Wang stated, emphasizing the government's commitment to "high-quality growth through strategic investments and market reforms."
The proposed measures include leveraging a national venture capital guidance fund and establishing a state-level mergers and acquisitions fund to boost innovation capabilities. Government investment funds will be strategically deployed to support emerging industries while maintaining stable employment and household income growth.
This development comes as global markets watch China's economic rebalancing efforts, particularly its shift toward domestic demand-driven growth models. Analysts suggest these policies could create new opportunities for overseas investors and Asian trade partners while stabilizing regional supply chains.
