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Highlights from China’s 2026 Government Work Report
During the opening of the third session of the National People's Congress (14th NPC) in Beijing on 5 March 2026, Chinese Premier Li Qiang presented the Government Work Report, outlining the country’s key economic objectives for 2026. According to the report, China has set a GDP growth target of between 4.5 and 5 per cent for 2026, revising last year’s goal as the world’s second-largest economy places greater emphasis on stimulating domestic demand through strengthened policy


Vietnam’s Trade February 2026
According to data from Vietnam’s National Statistics Office, Vietnam’s international trade reached USD 155.7 billion in the first two months of 2026, marking a year-on-year increase of 22 per cent. Exports rose by 18.3 per cent to USD 76.4 billion, while imports grew by 26.3 per cent to USD 79.3 billion over the same period. In February alone, total trade was attested at USD 67.16 billion, showing an increase of 5.1 per cent year-on-year. During the same period, exports attes


China’s PMI February 2026
According to data from the National Bureau of Statistics, China’s composite Purchasing Managers' Index (PMI), which includes both manufacturing and non-manufacturing activities, was recorded at 49.5 in February 2026, below the threshold between expansion and contraction. China’s non-manufacturing PMI, which has been supporting the economic recovery so far, stood at 49.5 in February, while the manufacturing PMI came in at 49 points. Preliminary official figures show that the n


Indonesia Trade Trends January 2026
According to data from Statistics Indonesia, the country’s exports expanded by 3.4 per cent year-on-year to USD 22.2 billion in January 2026, while imports rose by 18.2 per cent to USD 21.2 billion during the same period. Southeast Asia’s largest economy recorded a trade surplus of USD 0.9 billion in January. Indonesia’s trade surplus was primarily fueled by non-oil and gas commodities such as vegetable oils, mineral fuels, and nickel products. The largest surpluses were reco


China's Five-Year Plan: Tax Incentives and Regional Policies
The 15th Five-Year Plan aligns fiscal incentives with strategic directions, offering significant tax advantages for companies operating in priority sectors and regions. These incentives reflect China's sophisticated understanding of tax policy as a tool for industrial policy, directing investment toward activities that serve national development goals while providing predictable benefits for compliant investors. Sector-specific incentives target activities deemed strategicall


Philippines Trade Trends January 2026
According to data released by the Philippine Statistics Authority (PSA), the country’s international trade in goods reached USD 18.2 billion in January 2026, an annual increase of 0.9 per cent, with exports growing by 7.9 per cent year-on-year and imports registering a 3.1 per cent decline. Electronic products remained the Philippines’ leading export category, generating USD 4 billion and accounting for 56.5 per cent of total exports. Machinery and transport equipment and oth
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