
The initiative, presented by Han Wenxiu, deputy director of the Central Financial and Economic Affairs Commission, emphasises opening up the economy, enhancing international cooperation and addressing global concerns over China’s large trade surplus.
Han underlined that encouraging growth in both directions is essential to support resilient trade development and contribute to mutually beneficial economic ties.
The official outlined measures designed to stimulate service exports and boost both inbound and outbound trade flows, while also strengthening domestic demand.
Policies will include steps to raise household incomes, improve pensions and remove restrictive barriers in consumer markets, making imported goods more accessible to Chinese consumers.
In addition, authorities said they would tackle deflationary pricing practices that erode corporate profits and hinder healthy market competition.
China’s shift toward expanding imports alongside exports reflects global economic pressures and calls for a more balanced growth model.
With its trade surplus exceeding one trillion dollars, Beijing has faced criticism from international institutions and trading partners who argue that excessive reliance on exports may fuel trade tensions and undermine long-term economic sustainability.
Chinese leaders have pledged to maintain proactive fiscal policies in 2026 aimed at stimulating both consumption and investment, with analysts estimating the country’s gross domestic product will target around five percent growth.
Officials also reiterated commitments to deepen engagement in global trade frameworks and remove unreasonable restrictions on market access to foster a more conducive environment for foreign and domestic firms alike.
The strategy forms part of China’s broader economic evolution toward higher-quality, open trade practices that align with long-term growth objectives and international expectations.

















