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China Aims to Boost Domestic Demand by 2026

2/12/2026

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Story summary
  • China will prioritize boosting domestic demand in its 2026 economic agenda, per Dr. Wang Wei, a senior researcher.
  • She urges stronger fiscal support and structural reforms to lift household spending.
  • In the 15th Five-Year Plan (2026–2030), final consumption should exceed 90 trillion yuan, about 60% of GDP.
  • Growth targets focus on services like education and healthcare.
  • Policymakers should raise consumer spending power and preserve housing subsidies and trade-ins.