China Targets Increased Imports and Balanced Trade in 2026-2030

Beijing, March 5, 2026 – China has announced plans to increase imports to promote balanced trade development as part of its 15th Five-Year Plan (2026-2030). This strategy emphasizes coordination between imports and exports, equal importance to trade in goods and services, and a focus on both attracting foreign investment and increasing outbound investment.

Strategic Shift Towards Balanced Trade

The government work report, submitted to the country’s top legislature for deliberation on Thursday, outlines a comprehensive approach to international trade. This includes strengthening coordination between imports and exports, signaling a move away from a purely export-driven model. The plan also prioritizes trade in services alongside traditional goods trade.

Integrating Investment Strategies

China intends to coordinate foreign investment attraction with outbound investment, aiming to develop recent strengths in both international trade and bilateral investment cooperation. This dual approach suggests a strategy to both leverage foreign capital and expertise while simultaneously expanding China’s global investment footprint.

Economic Growth Target

This announcement comes as China sets its economic growth target for 2026 at 4.5 percent to 5 percent, striving for even better results in practice according to an official statement. The target is described as “proactive and pragmatic,” reflecting an assessment of both domestic conditions and the global economic landscape.

Implications for Global Trade

China’s commitment to increasing imports could have significant implications for global exporters. The emphasis on balanced trade suggests a willingness to address trade imbalances and foster more equitable trade relationships. The projected economic growth of 4.5% to 5% would also be among the highest for major economies globally .

Five-Year Plan Focus

The 15th Five-Year Plan (2026-2030) will serve as the blueprint for these trade initiatives. The plan aims for a good start to achieving high-quality development goals .