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China's policy momentum and strong trade performance signal confident start to the year

Chinese lawmakers adopted the National Development Planning Law at the closing meeting of the fourth session of the 14th National People's Congress, institutionalizing a long-standing practice that has driven economic growth and modernization. Meanwhile, the Government Work Report proposed an income growth plan for urban and rural residents for the first time, as policymakers look to strengthen domestic demand as a key driver of economic growth. Against the backdrop of the Two Sessions, China released its foreign trade figures for the first two months of 2026. Imports and exports grew 18.3% year-on-year, marking a robust start to the year.