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China vows support for tech, trade rebalance and capital market reforms - as it happened

Name: FULL EVENT: China’s NPC economic outlook press conference
Uploaded: 2026-03-06T06:55:23.000Z
Duration: 34 min 19 s
Description: FULL EVENT: China’s NPC economic outlook press conference

The heads of China’s major economic institutions detailed plans for growth, trade and tech on the sidelines of the ‘two sessions’

34:19

FULL EVENT: China’s NPC economic outlook press conference

SCMP Reporters

Published: 2:55pm, 6 Mar 2026Updated: 6:57pm, 6 Mar 2026

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China’s top economic officials held a press conference on Friday as part of the “two sessions”, the country’s annual policymaking meetings.

The leaders of the National Development and Reform Commission – Beijing’s top economic planner – the ministries of finance and commerce, China’s central bank and its main securities regulator were in attendance.

At the opening session of China’s national legislature on Thursday, Premier Li Qiang presented the major economic targets for 2025. Confirming earlier reporting from the South China Morning Post, the premier revealed the country’s annual goal for gross domestic product growth would be between 4.5 and 5 per cent.

A draft outline for China’s next five-year plan was also unveiled on Thursday, a document that will set the country’s policy trajectory for the rest of the decade. Meanwhile, attention is focused on how Beijing will handle economic relations with the United States, with President Donald Trump expected to visit China in the coming weeks.

Reporting by Ji Siqi, Sylvia Ma, Carol Yang, Mia Nurmamat, Shidong Zhang, Coco Feng, Mandy Zuo, Frank Tang and Xiaofei Xu

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China vows support for tech, trade rebalance and capital market reforms - as it happened

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}The heads of China’s major economic institutions detailed plans for growth, trade and tech on the sidelines of the ‘two sessions’

The heads of China’s major economic institutions detailed plans for growth, trade and tech on the sidelines of the ‘two sessions’