ARTICLE
13 February 2026

10 Macroeconomic Trends In 2026

KP
KPMG

Contributor

KPMG in China has offices located in 31 cities with over 14,000 partners and staff, in Beijing, Changchun, Changsha, Chengdu, Chongqing, Dalian, Dongguan, Foshan, Fuzhou, Guangzhou, Haikou, Hangzhou, Hefei, Jinan, Nanjing, Nantong, Ningbo, Qingdao, Shanghai, Shenyang, Shenzhen, Suzhou, Taiyuan, Tianjin, Wuhan, Wuxi, Xiamen, Xi’an, Zhengzhou, Hong Kong SAR and Macau SAR. Working collaboratively across all these offices, KPMG China can deploy experienced professionals efficiently, wherever our client is located.

KPMG is a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organisation or to one or more member firms collectively.

As 2026 marks the first year of the 15th Five-Year Plan, we believe that a strong start is both strategically important and achievable.
China Strategy
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As 2026 marks the first year of the 15th Five-Year Plan, we believe that a strong start is both strategically important and achievable. With the easing of China-US trade tensions, exports are expected to remain resilient. Domestically, we anticipate continued proactive macro policies, with a greater emphasis on technological innovation, advanced manufacturing, new infrastructure, social welfare, and the supply of high-quality consumer goods and services to support balanced growth. On this basis, we project full-year GDP growth to reach approximately 4.8%.

10 Macroeconomic Trends in 2026

KPMG China today released 10 Macroeconomic Trends in 2026.

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