The National Development and Reform Commission stated that this year it will research, formulate, and issue an implementation plan for the 2026–2030 strategic expansion of domestic demand.

The National Development and Reform Commission stated that this year it will research, formulate, and issue an implementation plan for the 2026–2030 strategic expansion of domestic demand.

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NDRC: Will Further Regulate Local Economic Promotion Practices

Wang Changlin, Deputy Director of the National Development and Reform Commission, stated that to promote a higher-level dynamic balance and virtuous cycle in supply, it is necessary to focus market regulation efforts on deepening the construction of a unified national market to fully stimulate market vitality. The priority is to comprehensively rectify "involutive" competition and shift from "competing on price" to "improving value." Market access, fair competition, and capacity exit mechanisms should be refined, capacity regulation should be strengthened, and contradictory phases of supply exceeding demand should be actively resolved. Local investment promotion should be further detailed, and local economic promotion practices should be regulated.

NDRC: Will Study and Formulate the 2026–2030 Strategic Plan for Expanding Domestic Demand

Wang Changlin, Deputy Director of the National Development and Reform Commission, stated that at present, China's economic operation faces the problem of strong supply but weak demand. Going forward, macro policy efforts should focus on strengthening the domestic cycle in an all-round way and expanding domestic demand, with an emphasis on adapting to the trend of upgrading domestic demand structures. In line with the needs of the new round of technological and industrial revolution, the NDRC will study and formulate the 2026–2030 strategic implementation plan to expand domestic demand this year, creating new demand through new supply and providing strong innovative measures and factor guarantees.

NDRC: Planning and Promoting Key Landmark High-Tech Projects for the 15th Five-Year Plan Period

The State Council Information Office held a press conference to introduce the implementation of the Central Economic Work Conference spirit and efforts to ensure a good start for the "15th Five-Year Plan." Zhou Chen, Director General of the General Affairs Department of the NDRC, stated that looking ahead to 2026, China's economic structure will continue to improve, new development drivers will continue to emerge, and the overall growth trend will remain positive. Specifically, new technologies, products, and scenarios will become more prominent, and the NDRC is currently planning and promoting a series of landmark and leading major high-tech projects during the 15th Five-Year Plan period. Industrial, innovation, and talent chains are accelerating integration. In 2025, China's digital economy value added is expected to reach 49 trillion yuan, accounting for about 35% of GDP, creating a larger market in the future. Regionally, the innovation-led role of powerhouse regions continues to strengthen. Currently, China has 24 of the world’s top 100 innovation clusters, ranking first globally for consecutive years.

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