Every year on New Year's Eve, Chinese President Xi Jinping delivers his New Year greetings to the Chinese people from his office. As 2026 begins, Xi's address, filled with encouragement, invites a closer reading of his bold vision for China's path forward and its role on the world stage.
China's economic outlook is often framed abroad as a question of how much growth Beijing can stimulate -- and how quickly. Yet recent policy signals tell a different story -- one of strategic transformation, resilience and sustained fiscal progress.
Consumption, the core engine for economic growth and a vital hub in the national economic cycle, plays an irreplaceable role in stabilizing market expectations and activating development momentum. As 2026 begins, the New Year holiday witnessed a vibrant surge in both supply and demand.