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CGTN: How does China set tone for economic work in 2026? USA - English USA - English Korea - 한국어

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BABA The article discusses China's economic policies, including boosting domestic demand and innovation, which could indirectly impact large Chinese tech companies like Alibaba. However, no direct sentiment is expressed towards the company itself. JD The article mentions China's focus on boosting domestic consumption and optimizing policies for consumer goods trade-ins, which could benefit e-commerce platforms like JD.com. However, there is no direct mention or sentiment analysis for the company. NTES The article discusses China's focus on innovation and expanding service sector capabilities, which could be relevant to gaming and internet companies like NetEase. However, the company is not explicitly mentioned, and no direct sentiment is provided. PDD The article's focus on increasing domestic consumption and optimizing policies for consumer goods trade-ins could positively affect e-commerce platforms like Pinduoduo. 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ABBV BMY GILD The article discusses China's commitment to improving people's livelihoods, which could indirectly benefit biopharmaceutical companies like Gilead Sciences. However, Gilead Sciences is not explicitly mentioned, and no direct sentiment is provided. AMGN The article mentions China's focus on improving people's livelihoods, which could indirectly benefit biotechnology companies like Amgen. However, Amgen is not explicitly mentioned, and no direct sentiment is provided. LLY BIIB The article mentions China's focus on improving people's livelihoods, which could indirectly benefit biotechnology companies like Biogen. However, Biogen is not explicitly mentioned, and no direct sentiment is provided. REGN The article discusses China's commitment to improving people's livelihoods, which could indirectly benefit biotechnology companies like Regeneron. However, Regeneron is not explicitly mentioned, and no direct sentiment is provided. 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TTE The article mentions China's focus on low-carbon development, which could indirectly impact energy companies like TotalEnergies. However, TotalEnergies is not explicitly mentioned, and no direct sentiment is provided. COP The article discusses China's economic priorities, including low-carbon development, which could indirectly affect energy companies like ConocoPhillips. However, ConocoPhillips is not explicitly mentioned, and no direct sentiment is provided. MPC The article mentions China's focus on low-carbon development, which could indirectly impact oil refining companies like Marathon Petroleum. However, Marathon Petroleum is not explicitly mentioned, and no direct sentiment is provided. VLO ET The article mentions China's focus on low-carbon development, which could indirectly impact energy infrastructure companies like Energy Transfer. However, Energy Transfer is not explicitly mentioned, and no direct sentiment is provided. 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MCHP The article discusses China's focus on innovation and emerging industries, which is relevant to semiconductor companies like Microchip Technology. However, Microchip Technology is not explicitly mentioned, and no direct sentiment is provided. ALGN The article mentions China's focus on improving people's livelihoods and boosting domestic consumption, which could indirectly benefit companies in the health and wellness sector like Align Technology. However, Align Technology is not explicitly mentioned, and no direct sentiment is provided. ISRG The article discusses China's commitment to improving people's livelihoods, which could indirectly benefit companies in the medical technology sector like Intuitive Surgical. However, Intuitive Surgical is not explicitly mentioned, and no direct sentiment is provided. MDT The article mentions China's focus on improving people's livelihoods, which could indirectly benefit medical device companies like Medtronic. 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EDIT The article discusses China's commitment to innovation and improving people's livelihoods, which could indirectly benefit biotechnology companies like Editas Medicine. However, Editas Medicine is not explicitly mentioned, and no direct sentiment is provided. NTLA The article mentions China's focus on innovation and improving people's livelihoods, which could indirectly benefit biotechnology companies like Intellia Therapeutics. However, Intellia Therapeutics is not explicitly mentioned, and no direct sentiment is provided. CPRT The article discusses China's focus on boosting domestic consumption and optimizing policies for consumer goods trade-ins, which could indirectly benefit companies involved in vehicle remarketing like Copart. However, Copart is not explicitly mentioned, and no direct sentiment is provided. AZO The article mentions China's plan to optimize policies for consumer goods trade-ins, which could indirectly benefit auto parts retailers like AutoZone. However, AutoZone is not explicitly mentioned, and no direct sentiment is provided. ORLY The article discusses China's focus on boosting domestic consumption and consumer goods trade-ins, which could indirectly benefit auto parts retailers like O'Reilly Automotive. However, O'Reilly Automotive is not explicitly mentioned, and no direct sentiment is provided. LAD The article mentions China's plan to optimize policies for consumer goods trade-ins, which could indirectly benefit auto retailers like Lithia Motors. However, Lithia Motors is not explicitly mentioned, and no direct sentiment is provided. CAR The article discusses China's focus on boosting domestic consumption, which could indirectly benefit car rental companies like Avis Budget Group. However, Avis Budget Group is not explicitly mentioned, and no direct sentiment is provided. AVTR The article discusses China's focus on innovation and advancing tech-finance integration, which could indirectly benefit life sciences and advanced technologies companies like Avantor. However, Avantor is not explicitly mentioned, and no direct sentiment is provided. ILMN The article mentions China's focus on innovation and improving people's livelihoods, which could indirectly benefit companies in the genomics and life sciences sector like Illumina. However, Illumina is not explicitly mentioned, and no direct sentiment is provided. DXCM The article discusses China's commitment to improving people's livelihoods, which could indirectly benefit medical device companies like Dexcom. However, Dexcom is not explicitly mentioned, and no direct sentiment is provided. GOOGL The article highlights China's advancement in AI development, which is relevant to Alphabet's businesses. However, the company is not explicitly mentioned, and no direct sentiment is expressed. META The article discusses China's focus on innovation and tech-finance integration, which could indirectly benefit social media and technology companies like Meta. However, Meta is not explicitly mentioned, and no direct sentiment is provided.

BEIJING, Dec. 12, 2025 /PRNewswire/ -- With Chinese leaders gathered in Beijing for the annual Central Economic Work Conference, CGTN published an article outlining how China's 2026 economic agenda underscores the country's commitment to strengthening domestic demand, advancing innovation, and deepening high-level opening up, signaling renewed confidence and providing greater certainty for global development.

Chinese leaders convened in Beijing on December 10 and 11 for the annual Central Economic Work Conference, a meeting widely viewed as the compass for China's economic trajectory.

Chinese President Xi Jinping attended the meeting and delivered a keynote address reviewing economic performance in 2025, assessing emerging challenges, and outlining priorities for 2026, the first year of the 15th Five-Year Plan (2026-2030).

Leaders emphasized that next year's policies will focus on "pursuing progress while ensuring stability" and "improving both quality and effectiveness," outlining eight core tasks, including boosting domestic demand, promoting innovation, deepening reform and opening-up, advancing low-carbon development, and enhancing people's livelihoods. The meeting sends a clear message: China is entering 2026 with confidence, policy clarity, and renewed momentum, providing stability and opportunity for the global economy.

Domestic demand as the engine of growth

The meeting emphasized that increasing domestic consumption is the main economic priority for next year. Policymakers plan to take specific actions to boost spending, optimize the "two new" policies-covering large-scale equipment upgrades and consumer goods trade-ins-and eliminate unreasonable restrictions in the consumer sector to unlock the potential of service consumption.

Data shows that China's consumer market remained resilient in 2025. In the first three quarters, final consumption expenditure contributed 53.5 percent to GDP growth, an increase of nine percentage points from the previous year. From January to October, retail sales of consumer goods exceeded 40 trillion yuan ($5.7 trillion), a 4.3 percent year-over-year increase, outpacing last year's growth.

In an exclusive interview with CGTN, Managing Director Kristalina Georgieva, explaining the IMF's recent upgrade of China's 2025 GDP forecast, emphasized the importance of domestic consumption in supporting economic resilience. She praised China's commitment to maintaining an open and responsible economy, pointing out that this supports the country's focus on consumption in its new Five-Year Plan.

Innovation driving new growth

Innovation will remain a key driver of development. China aims to establish international innovation hubs in the Beijing-Tianjin-Hebei region, the Yangtze River Delta, and the Guangdong-Hong Kong-Macao Greater Bay Area. Policies will focus on boosting enterprise-led innovation, strengthening intellectual property protection in emerging industries, expanding service-sector capabilities, and advancing AI development through improved governance and tech-finance integration.

According to the 2025 Global Innovation Index, China ranked in the top 10 for the first time and remains the highest-ranked among the 36 upper-middle-income economies. Its innovation clusters lead the world, with the Shenzhen-Hong Kong-Guangzhou cluster ranking first worldwide. Bloomberg Economics projects that China's high-tech sector, including AI, will grow from 14.3 percent of GDP in 2023 to nearly 19 percent by 2026.

An open China provides certainty to the world

Opening up remains one of China's strategic advantages, and the conference reaffirmed that China will expand institutional and autonomous opening in the services sector, optimize the layout of free trade zones, and advance the Hainan Free Trade Port.

China's foreign trade this year demonstrated resilience despite global challenges. From January to November, imports and exports totaled 41.21 trillion yuan, up 3.6 percent from the previous year.

A recent CGTN global survey shows that 86.7 percent of respondents believe China's continued efforts to boost domestic consumption will create significant opportunities for international companies. In the meantime, 89.1 percent say China's ongoing expansion of opening-up will generate broader development opportunities worldwide.

https://news.cgtn.com/news/2025-12-12/How-does-China-set-tone-for-economic-work-in-2026--1J1srzNISOY/p.html