Policy Highlights

China's 15th Five-Year Plan (2026–2030) calls for balanced growth in imports and exports, appropriate adjustment of import tariff rates, and more imports of advanced technology and equipment, quality agricultural products and productive services, with a continued push to "Buy Global."

The "Buy Global" trade network grows ever denser — balanced import and export growth is written into the 15th Five-Year Plan. Preliminary estimates suggest China's goods imports could reach about RMB 24 trillion (roughly US$3.6 trillion) by the end of the plan period.

Four Forces at Work

• RCEP and the Belt and Road reinforce each other: Among RCEP's 15 members, tariffs on more than 90% of tariff lines are being phased out, with cumulation rules of origin. Together with digital trade cooperation under the Belt and Road, this makes it easier for goods to enter the Chinese market.
• Digital RMB cross-border settlement pilots: Exploring new ways to settle cross-border payments in digital RMB, which could lower payment costs and barriers for emerging-market countries.
• Bonded display plus livestream commerce: Bonded consignment warehouses combined with livestream e-commerce. Goods are stored under bond and cleared through customs item by item as they sell.
• Carbon footprint and ESG certification: Building a product carbon-footprint accounting system aligned with international green-trade standards and high-standard trade rules.

Origin goods and craftsmanship at the market — as China expands imports of quality agricultural goods, they are looking for a way in

In Closing

Multiple policies and mechanisms are converging, making now a good time to enter the Chinese market.