China’s macro trajectory 2025-2026
CHINA’S continued economic stability and sustainability have prompted numerous international organizations to revise their GDP forecasts upward for 2025 and 2026.
Its solid economic fundamentals, sufficient policy tools and ongoing structural reforms continue to position China as a gravitational and driving force in the global economy. The country’s emphasis on modernization, digitalization, AI and quality development ensures that it will remain a central pillar of global economic growth through 2026 and beyond.
The International Monetary Fund (IMF), in its latest World Economic Outlook report, upgraded China’s GDP growth forecast to 5.0 percent for 2025 and 4.5 percent for 2026, reflecting upward revisions of 0.2 and 0.3 percentage points, respectively, compared to its October projections. These revisions highlight the impact of sustained structural reforms, policy stimulus measures and lower-than-expected tariffs on Chinese exports, all of which strengthened China’s industrial capacity and export performance throughout 2025. Similarly, the Asian Development Bank (ADB) increased its 2025 forecast by 0.1 percentage points, citing resilient exports and continued fiscal stimulus.
On December 2, the Organization for Economic Cooperation and Development (OECD) raised China’s 2025 GDP forecast to 5 percent, also up by 0.1 percentage point from its earlier estimate. These upward trends—confirmed by the World Bank as well—demonstrate the diverse, resilient, transformed, digitalized and modernized foundations of China’s macro-economy, which continues to mitigate prevailing geopolitical risks effectively. Standard Chartered further lifted its forecast for China’s 2026 growth from 4.3 percent to 4.6 percent, attributing........





















Toi Staff
Sabine Sterk
Penny S. Tee
Gideon Levy
Mark Travers Ph.d
Gilles Touboul
John Nosta
Daniel Orenstein
Rachel Marsden