I. Two sessions of basic information (2026)
- time: 4 march - 12 march (people: 5-12; political agreement: 4-11)
- sessions: 4 meetings of the national people's congress and 4 meetings of the national political consultative council
- core theme: “fifty-five” planning year (2026-2030)
Core policy 2026 (report on the work of the government)
1. Economic objectives
- GDP growth: 4. 5-5%
- finance: national general public budget expenditure of over 300 trillion yuan; central transfers of 10. 42 trillion yuan (high innovation)
- special: $100 billion in fiscal and financial synergies for domestic demand
2. New quality productivity/technology
- artificial intelligence+: promotion of smart terminals, smart bodies, smart clusters, computing networks
- industrial upgrading: integrated circuits, new materials, low-altitude economy, biomedicine, satellite interconnection network
- new energy sources: new wind-light machines over 200 million kilowatts to develop hydrogen and nuclear energy
3. Livelihoods and consumption
- old for new: household electricity (15 per cent subsidy, ceiling 1500), motor vehicles (proportionary rate)
- real estate: intruded, secured, stocked, secure, “good house” construction
- income: implementation of income-generation programmes for urban and rural residents to increase the proportion of paid labour
Risk and security
- local debt: strict control of hidden debt and accelerated mitigation of platform risks
- finance: dealing with high-risk institutions and combating illegal financial transactions
- safe china: cleaning up bad normality, fraud, safe production
“fifty-five” planning (for the next five years)
- core indicators: 20 indicators, high-quality development, shared wealth, integrated security
- major works: 6, 109 major projects
- legislation: consideration of the code of eco-environment, the act on the promotion of national solidarity and progress, and the draft act on national development planning
Iii. Summary of statements
The year 2026 marks the beginning of the “fifty-fifty-five” year, with policies focused on steady growth, new quality productivity, expansion of domestic demand, risk prevention and livelihood。
