The commitments made at the Central Economic Work Conference underscore Beijing’s intent to keep spending high and deploy flexible monetary tools as it faces pressure to boost domestic demand and offset global trade tensions.

China’s Commerce Ministry urged Mexico to rectify “unilateral, protectionist practices,” saying that the levies harm Chinese interests.

From the US Fed's third rate cut of the year to expert predictions for China in 2026, here's a round-up from today's coverage Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting,

The head of the International Monetary Fund has urged China to fix its economic imbalances, saying the country of 1.4 billion people is too big to rely on exports for its growth.

IMF managing director Kristalina Georgieva has said that China needs to fix “significant” imbalances in its economy, including deflation that has driven a depreciation of the renminbi and boosted exports at a time of rising trade tensions.

Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at the annual Central Economic Work Conference in Beijing, capital of China. The conference was held in Beijing from Wednesday to Thursday. [Photo/Xinhua]

On a visit to Beijing, the economist urged the government to get people spending more.

According to the World Bank’s latest China Economic Update, Advancing Reforms, Enhancing Prospects, growth is estimated at 4.9% in 2025 and projected at 4.4% in 2026, as existing headwinds are expected to persist.

China's premier says higher tariffs have dealt a “severe blow” to the world economy, even as China's own trade surplus has surged past $1 trillion.