Director of the National Development and Reform Commission: This year’s GDP increase is expected to exceed 6 trillion yuan, and the scale of AI-related industries will grow to over 10 trillion yuan.

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The fourth session of the 14th National People's Congress will hold a press conference at 3:00 p.m. on Friday, March 6, 2026, in the press conference hall of the Media Center. Zheng Shanjie, Director of the National Development and Reform Commission; Lan Fo’an, Minister of Finance; Wang Wentao, Minister of Commerce; Pan Gongsheng, Governor of the People's Bank of China; and Wu Qing, Chairman of the China Securities Regulatory Commission, will answer questions from Chinese and foreign journalists on issues related to development and reform, fiscal budget, commerce, finance, and securities.

Zheng Shanjie, Director of the National Development and Reform Commission, said at the economic-themed press conference of the fourth session of the 14th National People's Congress on March 6 that the GDP is expected to increase by more than 6 trillion yuan this year, providing strong support for stabilizing employment, benefiting people's livelihood, and preventing risks.

Zheng Shanjie stated that, in terms of consumption, we will continue to implement the "two new" policies, carry out special actions to boost consumption in depth, introduce new initiatives such as expanding employment, improving quality, and expanding the capacity and quality of the service sector, and allocate more policies and funds to better release consumption potential. In terms of investment, we will closely integrate investments in assets and people, coordinate resources and strengths, and continue to promote projects such as the "two priorities" construction. In terms of the main bodies, we will further increase the scale of government investment, stimulate the vitality of private investment, and promote the joint effort of state-owned and private enterprises. In terms of investment direction, we will advance 109 major projects in the “15th Five-Year Plan” and carry out a number of actions to expand effective investment.

By the end of the “15th Five-Year Plan” period, the scale of industries related to artificial intelligence will grow to over 10 trillion yuan.

More updates will follow…

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