[Draft Outline of the 15th Five Year Plan and Government Work Repor] On February 28, 2026, the Political Bureau of the Central Committee of the Communist Party of China held a meeting to review the draft outline of the 15th Five Year Plan and the annual government work report, in preparation for the National People's Congress and the Chinese People's Political Consultative Conference. The meeting made arrangements around high-quality development, livelihood security, reform and opening up, and security and stability, clarifying the overall ideas and key tasks for the next stage of economic and social development, and releasing strong signals of stable expectations and boosting confidence.Editor/Bian Wenjun
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  • 2026.02.28 17:21
  • [The situation in the Middle East is rapidly escalating]
  • On February 28, 2026, the security risks in the Middle East continued to rise, with the United States, the United Kingdom, France, and others withdrawing non essential personnel from Iran and Israel, and multiple countries issuing travel bans. The Chinese Ministry of Foreign Affairs reminds citizens not to travel to Iran temporarily and to evacuate personnel in Iran as soon as possible. Regional tensions have pushed up international energy prices, and global market risk aversion has intensified.Editor/Bian Wenjun
  • 2026.02.28 17:19
  • [Risk preparation for forward foreign exchange sales starting from March 2nd]
  • The People's Bank of China announced that from March 2, 2026, the foreign exchange risk reserve ratio for forward foreign exchange sales business will be reduced from 20% to 0. This move will significantly reduce the cost of currency hedging for foreign trade enterprises, support the stable development of the real economy, promote the smooth operation of the foreign exchange market, and release the policy intention of stabilizing foreign trade and expectations.Editor/Bian Wenjun
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