Wang Yiming: Economic development in 2026 faces four major opportunities.

Wang Yiming stated that in 2026, the economic development will face four major opportunities: first, China will lay out a series of plans in the development of industries, technological innovation, infrastructure construction, especially in the construction of new type of infrastructure, public services, and other fields; second, China has a complete industrial chain advantage and talent resource advantage; third, more proactive macroeconomic policies will be implemented, local government debt will gradually increase local government spending capacity, which will help the implementation of national macroeconomic policies, and in addition, the rate cut by the Federal Reserve has provided some space for monetary policy; fourth, the balance sheet of microeconomic entities is improving, the high-tech sector has accumulated a certain wealth effect, which is beneficial for improving the balance sheets of residents and enterprises. Wang Yiming believes that in expanding domestic demand, the focus should be on developing service consumption and providing differentiated supply. At the same time, efforts should be made to continue stabilizing the real estate market and expectations.