An employee explains how intelligent robots work at the production line of Haier's central air conditioning interconnection factory in Qingdao, Shandong province, on Nov 27. LI ZIHENG/XINHUA
The annual Central Economic Work Conference concluded in Beijing last Thursday after laying out China's definitive economic roadmap for 2026.
This year's conference held exceptional significance, as it not only set the agenda for the next 12 months, but also ushered in the 15th Five-Year Plan (2026-30), a critical period that China's leadership views as decisive for the nation's structural transformation and rejuvenation.
At the heart of the 2026 agenda is a notable refinement of macroeconomic leverage. The conference explicitly sanctioned a "more proactive" fiscal policy paired with a "moderately loose" monetary policy β a combination that signals Beijing's inte
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