Chinese President Xi Jinping's speech delivered at the Central Economic Work Conference offers fundamental guidance for China's economic development in the coming year and beyond, said officials attending the meeting, which was held in Beijing from Wednesday to Thursday to decide on priorities for the economic work in 2026.
Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, delivered an important speech at the conference reviewing the country's economic work in 2025, analyzing the current economic situation and arranging next year's economic work.
Officials spoke highly of the speech, pledging to translate these guiding principles into concrete actions.
"The important speech delivered by the General Secretary comprehensively summarized the significant achievements made this year and since the beginning of the 14th Five-Year Plan period (2021–2025). It thoroughly analyzed the international and domestic circumstances we are facing now and systematically outlined the objectives and tasks for next year's economic and social development, providing fundamental guidance for our work," said Lin Wu, Party Secretary of the CPC Shandong Provincial Committee.
Other officials stressed their dedication to achieving next year's objectives and to laying a solid foundation for the 15th Five-Year Plan period (2026-2030).
"General Secretary Xi's speech has provided fundamental guidance for our economic work in the coming year and throughout the 15th Five-Year Plan period. Focusing on the key task of new industrialization, we will deepen the integration of sci-tech innovation with industrial innovation, enhance the self-sufficiency and resilience of industrial chains, and drive the continuous optimization and upgrading of the industrial structure," said Li Lecheng, China's Minister of Industry and Information Technology.
"General Secretary Xi's speech analyzed the current situation, outlined the key tasks, and charted the course for next year's economic work. The meeting established the tone for next year's fiscal policy, emphasizing the continuous implementation of more proactive fiscal policies, which align with this year's approach," said Finance Minister Lan Fo'an.
Wu Xiaojun, Party Secretary of the CPC Qinghai Provincial Committee, expressed the commitment to adopting a green approach to enhance local economic development.
"We will steadfastly follow the path that prioritizes eco-environmental conservation and promotes green development, advance the development of national parks of Sanjiangyuan, Qilian Mountain, and Qinghai Lake, and strengthen public services that are inclusive, meet essential needs, and provide a cushion for those most in need, to enhance the sense of fulfillment and happiness among people of all ethnic groups," said Wu.
Xi's speech at economic conference offers fundamental guidance for China's economic development: officials
