China's top economic planning body, the National Development and Reform Commission (NDRC), outlined a broad set of upcoming policy initiatives aimed at stabilizing growth, deepening artificial intelligence integration, and strengthening domestic demand.
In a statement Friday, the NDRC said more economic and employment support measures would be rolled out gradually, as part of efforts to reinforce macro stability. The Commission also vowed to enhance economic monitoring and build up policy reserves to remain agile amid evolving global and domestic challenges.
A significant focus was placed on artificial intelligence, which the NDRC said has entered a “critical stage of implementation” across sectors. Authorities pledged to scale up AI commercialization, deepen its integration with economic development, and promote use across industries.
In parallel, the NDRC said it would act to curb disorderly business competition, promising to regulate market practices more forcefully and to publicly identify cases of excessive or destructive competitive behavior. This is an effort to move the economy away from deflationary forces.
On the trade and investment front, China will follow up on trade-in policies with caution, and the NDRC is seeking approval to launch new policy-based financial instruments soon to enhance funding channels.
Domestically, the Commission reiterated goals to expand internal demand and strengthen the resilience of domestic economic circulation, while also promising to regulate market price order “in a powerful manner.” Additionally, Beijing aims to encourage greater private sector participation in key national projects, a nod to ongoing efforts to revive private business confidence.
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