European Financial Institutions and Industry Insiders See Strong Prospects for China’s Economic Growth

European Financial Institutions and Industry Insiders See Strong Prospects for China’s Economic Growth

BEIJING, Jan. 5 (Xinhua) -- Industry Review: European Financial Institutions and Industry Insiders See Strong Prospects for China’s Economic Growth

Several European financial institutions recently released research reports stating that China’s economy is expected to maintain stable growth in 2026 and demonstrate strong resilience among major global economies. This outlook is attributed to supportive macroeconomic policies, a robust industrial foundation, and continuously energized new drivers for economic development.

Standard Chartered Bank recently revised its 2026 global economic outlook report upwards for China’s economic prospects. The report noted that periodic easing of trade tensions and export market diversification will continue to support China’s export growth. Key growth drivers in 2026 will include technology-driven investments, productivity enhancements, and stronger policies to boost domestic demand. Fiscal and monetary policies will remain supportive of economic growth, providing momentum for China’s economic transformation.

Société Générale stated that macroeconomic policies and structural reforms will be pivotal in sustaining China’s economic growth in 2026. Concurrently, China’s sustained investment in innovative fields such as green technologies and advanced manufacturing will drive future expansion.

ING Group forecasts stable growth for China’s economy in 2026. They highlighted that breakthroughs in artificial intelligence and robotics in recent years have positioned technological innovation as a core engine for China’s economic advancement.

Financial analysts across Europe share this optimistic outlook. Xiong Yi, Deutsche Bank's Chief Economist for China, told Xinhua that the year 2025 would showcase China’s technological prowess. Looking ahead to 2026, he projected more balanced economic growth drivers: the “consumption engine” would be further ignited, investment contributions would rebound, exports would maintain growth, and overall development would shift toward greater equilibrium and sustainability.

Regarding global capital dynamics and China’s appeal, Linianzi Luo, Senior Market Strategist at BNP Paribas Asset Management, noted that global capital flow trends are shifting focus toward emerging markets, particularly Asia. In this transition, foreign investors’ interest in China is evolving from traditional manufacturing and export capabilities to high-tech sectors, digitalization, and vast domestic consumption potential. China’s ongoing industrial upgrades and dual-circulation development strategy—prioritizing domestic consumption while promoting both domestic and international cycles—are instilling long-term market confidence.

(By Xinhua correspondent Jin Danyi)