Beijing, March 6, 2026 – Senior Chinese economic policymakers addressed domestic reforms and global market concerns during Friday's high-profile National People's Congress press conference. The event brought together leaders from five key financial regulatory bodies at the Great Hall of the People, offering insights into China's economic strategy for the current year.
Policy Coordination Takes Center Stage
National Development and Reform Commission Chairman Zheng Shanjie emphasized "coordinated policy implementation" to achieve this year's 5% growth target, while Finance Minister Lan Fo'an detailed plans for "targeted fiscal support" in strategic industries. Commerce Minister Wang Wentao highlighted efforts to stabilize foreign trade, noting "new partnership agreements" with ASEAN members expected this quarter.
Financial Stability Measures
People's Bank of China Governor Pan Gongsheng reassured markets about currency stability, stating: "Our monetary policy toolkit remains sufficient to address global volatility." China Securities Regulatory Commission Chair Wu Qing announced tightened oversight of algorithmic trading platforms, citing the need to "maintain fair market conditions."
Global Implications
Officials fielded questions from international media on cross-border investment rules and supply chain resilience. The panel confirmed plans to expand the digital yuan pilot program to 15 new cities by Q3 2026, with particular focus on streamlining processes for overseas investors.
