Minsheng Bank's chief economist Wen Bin believes that considering the good performance of leading indicators, the GDP growth rate for the entire year of 2025 is expected to be around 5.1%, successfully completing the annual task. "It is expected that the real GDP and nominal GDP will grow by about 5% in 2026." Wu Chaoming, chief economist of Caixin Financial Holdings, analyzed to reporters, while in 2026, China's economic growth momentum may usher in a historic shift. It is expected that the "three new economies" (new industries, new business formats, new business models) will for the first time surpass the proportion of "real estate economy" (including consumption, investment, and production) in GDP, with significant results in the development of new productive forces. "China's economy will continue its recovery trend in 2026," said Mingming, chief economist of CITIC Securities Co., Ltd., adding that as 2026 marks the beginning year of the 14th Five-Year Plan, it is expected that the intensity of counter-cyclical and cross-cyclical adjustments will be increased. (Securities Daily)
