Chinese authorities are done apologizing, if they ever started. That’s been one of the main themes from my conversations in Beijing this week – many of which focused on messaging from the new 15th Five-Year Plan and remarks by Chinese officials at the China Development Forum (CDF). The CDF, for the uninitiated, is an annual gathering where Chinese officials tout
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China’s 15th Five-Year Plan (FYP) – approved on 12 March 2026 – will guide policy, resource allocation, and regulatory development through 2030. For multinational corporations operating in China, it is the single most important document for understanding where the country is heading – and what that means for business. This note distills the plan into 10 takeaways, each framed around
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It’s been a busy time at Trivium HQ. We’ve been poring over China’s newly released Five-Year Plan (FYP) and Government Work Report (GWR), and parsing what they mean for clients. Unsurprisingly, much of the conversation has focused on the usual macro questions – China’s GDP target, its consumption strategy, and the outlook for the property sector. Then, of course, there’s tech: Between the FYP,
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Beijing’s annual government work reports (GWR) are supposed to set the direction for economic policy in the year ahead – but 2026’s iteration raised more questions than it answered. ICYMI: On March 5, the annual meeting of China’s legislature (NPC) kicked off – as is customary – with the premier reading his work report, which set various economic targets for 2026.
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March is shaping up to be a tense month in China-US relations. At the end of last month, we told you that US-China relations were on a steady (but fragile) path toward stabilization. Both countries seemed satisfied with the follow-through from their October meeting in Busan and have kept a lid on trade tensions ahead of Trump’s planned visit to China in late March
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It was another breathless week for those keeping an eye on all things China. If you were asked to pick a highlight, you could easily land on Xi Jinping’s diplomatic doubleheader on Wednesday: First, a video call with Russian President Vladimir Putin to sketch out a new blueprint for strategic integration. Then, another call with US President Donald Trump, shoring up the trade
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