BAKU, Azerbaijan, April 20. The Asian
Development Bank (ADB) projects steady economic growth for the
People's Republic of China, forecasting a 4.6% increase in GDP for
2026 and 4.5% in 2027.
Data obtained by Trend from ADB indicates that the Chinese economy has
demonstrated consistent resilience, maintaining a 5.0% growth rate
in both 2024 and 2025. The transition to a more sustainable and
balanced growth model remains a central element of the nation's
medium-term economic outlook.
The expected growth in 2026 and 2027 is underpinned by the
government’s ongoing emphasis on high-quality development, with
particular focus on advancing the high-tech sector, green energy,
and digital infrastructure. These policy priorities align with
national strategies aimed at fostering innovation-driven growth and
reinforcing domestic consumption as a primary engine of economic
expansion.
The ADB report underscores the importance of sustained
investment in emerging industries and the modernization of
manufacturing supply chains in maintaining economic momentum.
Additionally, efforts to strengthen regional trade integration and
expand high-standard open-market initiatives are expected to
provide further support to the growth trajectory.
The recovery of the services sector and stable labor market
conditions are also identified as positive factors contributing to
economic stability. The ADB concludes that China's commitment to
structural reforms and the development of "new productive forces"
will continue to solidify its position as a key driver of both
regional and global economic growth through 2027.
