2026 NPC and CPPCC National Committee Sessions | Launch of the 15th Five-Year Plan: What Steps Will the Chinese Economy Take?

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Source: People's Republic of China – State Council News

2026 marks the first year of the 15th Five-Year Plan (2026–2030). What strategic moves will the Chinese economy make in this new beginning? The annual sessions of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) will open soon, and the outside world is expecting more answers from them.

The main task is to ensure stable economic growth

Looking back at the 14th Five-Year Plan period, one can see that the giant ship of the Chinese economy has maintained its course amidst stormy waves, largely thanks to the consistency of its policies.

During the 15th Five-Year Plan period, the external environment is becoming more complex. The Chinese economy will not only have to address accumulated problems but also face new challenges. Leading international institutions agree that factors such as rising trade tensions and intensifying geopolitical conflicts could create even more obstacles to global economic activity.

In this context, the upcoming sessions of the NPC and the CPPCC National Committee are expected to provide clearer signals on what economic development targets, including GDP growth rates, the authorities will set for the current year and what effective policy measures will be implemented.

Unleashing the potential of domestic demand

From 2021 to 2024, domestic demand contributed 86.8% to China's economic growth on average. At the Central Economic Work Conference held in December 2025, it was proposed to "adhere to a domestic demand-oriented strategy and build a strong domestic market." Expanding domestic demand was again included among the key tasks for 2026.

Currently, the Chinese economy continues to face a structural contradiction: supply exceeds demand. Official authorities have already announced the development and publication of an Action Plan for the Implementation of the Domestic Demand Expansion Strategy for 2026–2030. New measures aimed at achieving a higher level of dynamic equilibrium and a healthy interaction between supply and demand are expected to be presented during the annual sessions of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC). These measures include both the implementation of special programs to stimulate consumption and efforts to stabilize and restore investment activity.

Strategic "first move" in the development of industries of the future

In early 2026, the first collective training of the Politburo of the CPC Central Committee was devoted to long-term planning and development of future industries, which underlines the importance of this area.

Against the backdrop of accelerating global scientific, technological, and industrial transformation, China is taking a long-term perspective, making a strategic "first move" in developing the industries of the future. The "Proposals of the CPC Central Committee for the 15th Five-Year Plan for National Economic and Social Development" emphasize the need to transform quantum technologies, biomanufacturing, hydrogen and fusion energy, brain-computer interfaces, embodied artificial intelligence, sixth-generation (6G) mobile communications, and other areas into new areas of economic growth.

The prevailing view in academic circles is that many countries around the world are still at the same starting point in a number of future industries. Those who are able to implement strategic planning and achieve breakthroughs first are likely to gain an advantage. Private enterprises play a crucial role in this process. To more effectively stimulate their innovation, China is consistently strengthening its support for the private sector at various levels.

Another important issue to be addressed at the upcoming sessions of the NPC and the CPPCC National Committee is expected to be the provisions to be reflected in the Government Work Report and the Outline of the 15th Five-Year Plan for Planning Future Industries and Developing the Private Economy, as well as the valuable opinions and suggestions to be made by NPC deputies and CPPCC National Committee members on these issues.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

The first snow of the Year of the Horse fell in Beijing.

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Source: People's Republic of China – State Council News

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

On February 26 (the 10th day of the first month of the lunar calendar), the first snowfall of the Year of the Horse occurred in the capital of China.

Photographer: Jiang Yonggang, Director of the European and Asian Broadcasting Center (Renmin Huabao Publishing House) of the Foreign Languages Publication and Dissemination Administration of the People's Republic of China

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

The press center for the annual sessions of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) has opened.

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Source: People's Republic of China – State Council News

BEIJING, Feb. 27 (Xinhua) — The press center for covering the fourth session of the 14th National People's Congress (NPC) and the fourth session of the 14th National Committee of the Chinese People's Political Consultative Conference (CPPCC) officially opened Friday at the Media Center Hotel in Beijing.

These two sessions will begin their work on March 5 and March 4, respectively.

According to the press center, more than 3,000 journalists have registered to cover the “two sessions” this year, including more than 1,000 reporters from Hong Kong, Macao, and Taiwan, as well as from overseas.

The press center is scheduled to host a series of press conferences and events, where senior government officials are expected to answer media questions regarding government policy and key development areas. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Georgia, Azerbaijan, and Türkiye discussed economic cooperation and transport connectivity.

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Source: People's Republic of China – State Council News

Tbilisi, February 26 /Xinhua/ — Priorities for economic cooperation and the development of transport connectivity in the region were discussed on Thursday at the Georgian-Azerbaijani-Turkish business forum in the village of Tsinandali in eastern Georgia.

The forum, held since 2012, was attended by high-ranking delegations from Azerbaijan and Turkey, led by Azerbaijani Economy Minister Mikayil Jabbarov and Turkish Trade Minister Omer Bolat, respectively.

Georgian Minister of Economy and Sustainable Development Mariam Kvrivishvili noted that more than 2,805 companies with Turkish capital and over 1,660 companies with Azerbaijani capital operate in Georgia, with the total investment from Azerbaijan amounting to more than $3.1 billion, and from Turkey – more than $2.4 billion.

M. Kvrivishvili emphasized the strategic importance of the Middle Corridor and investments in modernizing railways, highways, ports, and logistics infrastructure. "By 2032, it is planned to attract approximately $7 billion to key transport projects," she added.

The business forum was organized by the Ministry of Economy and Sustainable Development of Georgia and the Georgian Chamber of Commerce and Industry with the participation of the Azerbaijan Export and Investment Promotion Agency /AZPROMO/ and the Foreign Economic Relations Committee of Turkey /DEIK/. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Breaking: The next round of Iran-US talks will take place within a week after technical-level talks, says Iranian Foreign Minister

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Source: People's Republic of China – State Council News

TEHRAN, Feb. 26 (Xinhua) — Iranian Foreign Minister Abbas Araghchi said on Thursday that the next round of talks with the United States on Iran's nuclear program is expected to take place within a week following technical-level talks scheduled for March 2, Iranian state-run IRIB TV reported.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

An agreement was signed in Georgia to prepare tender documentation for a technical survey of the seabed as part of the Black Sea submarine cable project.

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Source: People's Republic of China – State Council News

Tbilisi, February 26 (Xinhua) — Georgia's state-owned company Georgian State Electricity System and the Italian consulting company CESI signed an agreement to prepare tender documentation for a technical and geophysical survey of the seabed as part of the Black Sea submarine energy cable project. This was announced on Thursday by the Georgian Ministry of Economy and Sustainable Development.

As Deputy Minister of Economy and Sustainable Development Inga Pkhaladze emphasized, the agreement provides for the definition of a precise list of tender works, after which an international tender will be announced to select the company that will conduct the relevant research in the Black Sea.

"The project to build a submarine cable between Georgia and Romania is aimed at developing electricity trade, as well as ensuring the transit, import, and export of electricity between Georgia and European countries," noted I. Pkhaladze.

All preparatory work for the Black Sea submarine cable project, including seabed exploration, geophysical surveys, and obtaining the necessary licenses and permits, is scheduled for completion by 2029. The project is scheduled to be commissioned in 2032.

In December 2022, the governments of Georgia, Azerbaijan, Romania, and Hungary signed an agreement to lay a cable along the bottom of the Black Sea, which will carry electricity from Georgia and Azerbaijan to Europe.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Breaking: Iran and the US will hold technical-level talks on March 2, says Iranian Foreign Minister

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Source: People's Republic of China – State Council News

Tehran, February 26 (Xinhua) — Iranian Foreign Minister Abbas Araghchi said on Thursday that "good progress" was made during the third round of indirect talks with the United States on Iran's nuclear program in Geneva, Switzerland, Iranian state television channel IRIB TV reported.

According to the minister, Tehran and Washington plan to hold technical-level discussions on March 2 in Vienna /Austria/. –0–

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

German Chancellor Friedrich Merz promotes bilateral cooperation by visiting Chinese enterprises

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Source: People's Republic of China – State Council News

HANGZHOU, Feb. 26 (Xinhua) — German Chancellor Friedrich Merz test-drove a new-generation Mercedes-Benz S-Class in Beijing on Thursday morning as part of his official visit to China, trying out the intelligent driving assistance system.

"It's amazing. I think this is one of the future technologies in mobility," said F. Merz after the test drive, praising the close fusion of German manufacturers and Chinese technology.

As noted in a Mercedes-Benz press release published on Thursday, the company has now established a comprehensive local presence and collaboration network in China, spanning the entire industrial value chain. Furthermore, the Chinese research and development team is playing an increasingly important role in the automaker's global design and engineering network.

F. Merz's official visit to China took place from February 25 to 26. Visits to companies from both countries and the promotion of bilateral practical cooperation were key items on his agenda on Thursday.

At midday, the German Chancellor arrived in Hangzhou (Zhejiang Province, eastern China). Visiting Unitree Robotics, he observed humanoid robots performing various tasks and was impressed by their dexterous movements.

Unitree Robotics founder and CEO Wang Xingxing stated that Merz's visit demonstrates Germany's heightened interest in Chinese technological innovation. He noted the vast potential of the German market and expressed hope for deeper cooperation in robotics.

In Hangzhou, F. Merz also visited Siemens High Voltage Circuit Breaker Co. Ltd., where he learned about the development of German-owned enterprises in China.

On this trip to China, F. Merz was accompanied by the heads of approximately 30 leading German companies representing sectors such as the automotive, chemical, biopharmaceutical, mechanical engineering, and the circular economy. More than a dozen commercial agreements were concluded during the visit, sending a clear signal of deepening practical cooperation between the two countries.

Concluding his visit, F. Merz said he was leaving China deeply impressed by the country. He emphasized that Germany and China not only maintain strong cooperation but also face challenges they must overcome together.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Breaking: Iran-US nuclear talks conclude with "significant progress," Omani Foreign Minister says

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Source: People's Republic of China – State Council News

Geneva, February 26 (Xinhua) — Iran-US talks on the Iranian nuclear program in Geneva, Switzerland, concluded with "significant progress," Omani Foreign Minister Badr bin Hamad bin Hamoud al-Busaidi said on Thursday.

"We will resume work shortly after consultations in the respective capitals. Technical-level discussions will take place next week in Vienna," diplomat X wrote on social media.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

By the end of 2025, Belarus will see growth in food production in all major processing industries.

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Minsk, February 26 (Xinhua) — Belarus has ensured growth in food production across all major processing industries by the end of 2025. This was announced on Wednesday by First Deputy Minister of Agriculture and Food Vitaly Kulak.

According to V. Kulak, the index of physical volume of industrial production in organizations of the Ministry of Agriculture and Food of Belarus amounted to 105% of 2024, including 105.2% in food production.

“The growth rate of food production was ensured in all major processing industries: in the production of meat and meat products – 103.5 percent, dairy products – 108 percent, flour and cereal products, starches and starch products – 105.2 percent, bakery, pasta and flour confectionery products – 105.4 percent, prepared animal feed – 100.2 percent,” the First Deputy Minister reported.

He also noted that, according to analysis, compared to 2024, gross production of major agricultural crops has increased in Belarusian farms of all types. Grain production increased by 110 percent year-on-year, flax fiber by 129 percent, sugar beet by 119 percent, and grass feed by 103 percent.

Furthermore, V. Kulak noted that Belarus's exports of food products and agricultural raw materials last year were 118.4 percent fulfilled, compared to the initial target of 106.5 percent. In physical terms, shipments increased for key items: uncondensed milk and cream, buttermilk, yogurt, kefir, cheeses and cottage cheese, sausages, and meat products.

According to the official, Belarusian agricultural organizations achieved a record milk production volume of 9 million tons last year. The annual milk yield per cow also increased to 6,577 kg.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.