Wu Chaoming, chief economist at Caixin Financial Holdings, predicts that China's real GDP and nominal GDP may grow by around 5% in 2026; at the same time, economic growth momentum may usher in a historic shift in 2026, and it is expected that the “three new economies” will surpass the “real estate economy” as a share of GDP for the first time. Wen Bin, chief economist at Minsheng Bank, predicts that the GDP growth rate for the full year of 2025 is expected to be around 5.1%, successfully completing the annual tasks. Wang Qing, chief macro analyst at Dongfang Jincheng, said that in 2026, the People's Bank of China is expected to continue to cut interest rates. Among them, interest rate cuts are likely to reach 0.3 percentage points, and will be implemented once in the first half of the year and the second half of the year, respectively. Taking into account factors such as changes in economic growth momentum at the end of the year and the beginning of the year, it is not ruled out that the first round of interest rate cuts will be implemented ahead of schedule before the 2026 Spring Festival.

Wu Chaoming, chief economist at Caixin Financial Holdings, predicts that China's real GDP and nominal GDP may grow by around 5% in 2026; at the same time, economic growth momentum may usher in a historic shift in 2026, and it is expected that the “three new economies” will surpass the “real estate economy” as a share of GDP for the first time. Wen Bin, chief economist at Minsheng Bank, predicts that the GDP growth rate for the full year of 2025 is expected to be around 5.1%, successfully completing the annual tasks. Wang Qing, chief macro analyst at Dongfang Jincheng, said that in 2026, the People's Bank of China is expected to continue to cut interest rates. Among them, interest rate cuts are likely to reach 0.3 percentage points, and will be implemented once in the first half of the year and the second half of the year, respectively. Taking into account factors such as changes in economic growth momentum at the end of the year and the beginning of the year, it is not ruled out that the first round of interest rate cuts will be implemented ahead of schedule before the 2026 Spring Festival.