From 4 to 12 March 2026, the Fourth Session of the 14th National People‘s Congress and the Fourth Session of the 14th National Committee of the Chinese People’s Political Consultative Conference were held in Beijing. During the Sessions, the National People’s Congress approved the Report on the Work of the Government (“the Report”) and The 15th Five-Year Plan for National Economic and Social Development of the People’s Republic of China (“15th Five-Year Plan”), along with other key documents. Marking the start of the 15th Five-Year Plan, the Report reaffirms economic development as China’s central task and high-quality growth as the overriding priority, setting a GDP target of 4.5–5%. The following ten points merit particular attention:
Key Takeaways from China's 2026 Two Sessions
From 4 to 12 March 2026, the Fourth Session of the 14th National People‘s Congress and the Fourth Session of the 14th National Committee of the Chinese People’s Political Consultative Conference were held in Beijing. During the Sessions, the National People’s Congress approved the Report on the Work of the Government (“the Report”) and The 15th Five-Year Plan for National Economic and Social Development of the People’s Republic of China (“15th Five-Year Plan”), along with other key documents. Marking the start of the 15th Five-Year Plan, the Report reaffirms economic development as China’s central task and high-quality growth as the overriding priority, setting a GDP target of 4.5–5%.
