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2026 Government Work Report — FDI & Opening-Up Priorities

Published: March 5, 2026

Sources & Verification

Primary Source

State Council of the PRC — Official document ↗

CPG Analysis

Editor summary based on the official source linked above.

Verification

Verification pending

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Impact at a Glance

Who is affected

All foreign investors and corporate strategists; executives planning China market entry or expansion; economists and analysts tracking China macro policy; supply chain and manufacturing leaders

Cities / Agencies

Nationwide · State Council of the PRC

What to do now

Monitor for implementation details. No action required until official implementation documents are published.

Source & verification

Official source · Verification pending

Executive Summary

China's 2026 Government Work Report sets ambitious targets for foreign investment and economic opening. GDP growth target of ~5%, consumer price increase ~2%, deficit-to-GDP ratio of 4%. The report emphasizes "high-quality development" and "new quality productive forces" as key themes for foreign investment policy through 2030.

Key Points

1

GDP growth target of ~5% with ~12 million new urban jobs

2

Deficit-to-GDP ratio raised to 4% — highest in decades — signaling fiscal expansion

3

"New quality productive forces" prioritized: AI, biomanufacturing, quantum computing, commercial spaceflight

4

Foreign investment specifically called out as vehicle for technology transfer and industrial upgrading

5

"Invest in China" brand elevated to national strategic priority

6

Manufacturing and services opening to accelerate, negative list to shorten further