Overview
- President Xi said growth in 2025 was around 5% with gross domestic product near 140 trillion yuan.
- The government allocated 62.5 billion yuan from special treasury bonds to support a 2026 consumer goods trade‑in program routed through local governments.
- The state planner outlined early 2026 investment, including two major construction projects backed by roughly 295 billion yuan in central budget funding.
- Official data showed deep industrial pressure with a 13.1% year‑on‑year drop in November profits, even as December factory activity edged back into expansion after months of contraction.
- Xi highlighted advances in artificial intelligence and semiconductors and called for faster tech self‑reliance, while reiterating that unification with Taiwan is an unstoppable goal.