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China aims to boost imports and exports in 2026 to drive trade growth: senior official


With trade proving resilient despite global headwinds, China aims to expand both exports and imports next year, leveraging domestic demand to drive more sustainable trade growth, a senior official said in Beijing on Saturday.
China has long faced calls to address its trade imbalance, fuelled by a record-breaking surplus exceeding US$1 trillion in the first 11 months of this year, even as Beijing pledges greater openness as part of the solution.

“We will expand both exports and imports to drive the sustainable development of foreign trade,” said Han Wenxiu, deputy director of the Central Financial and Economic Affairs Commission’s general office, at an annual conference hosted by the think tank China Centre for International Economic Exchanges, according to state broadcaster CCTV.

He noted that China would encourage service exports next year and step up efforts to boost digital and green trade.

In its annual assessment of China’s economy released on Wednesday, the International Monetary Fund said the size of China’s economy and rising global trade tensions made export-driven growth less viable. It urged Beijing to shift towards a consumption-led model and reduce its heavy reliance on exports and investment.

The IMF urged China to act “swiftly and decisively” to advance the transition, calling for a more forceful policy package – including more expansionary macroeconomic policies, strengthened social protection and targeted support for adjustments in the property sector – to bolster confidence and stimulate consumption.


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