China

时政微观察丨为人民出政绩 以实干出政绩

China Daily | Local Language | News | Jan. 23, 2026 | UndeterminedPolitics and Elections

On January 20, 2026, General Secretary Xi Jinping emphasized the need to deepen the study and implementation of the Fourth Plenary Session of the 20th Central Committee, aiming to unify thinking and concentrate efforts to ensure a successful start to China’s 15th Five-Year Plan. This plan prioritizes economic development-centered, high-quality growth amid a complex environment of risks and opportunities. Xi stressed the importance of leadership at all levels improving political judgment and execution, noting the Party Central Committee’s unified leadership is essential for steady and successful economic progress.

The seminar for provincial- and ministerial-level leading cadres underscored adhering to the Party’s major strategies, policies, and economic tasks outlined in the 2025 Central Economic Work Conference. Initial 2026 measures include national subsidies, green consumption promotion, and expanded government financing guarantees to stimulate market vitality and support business entities. Xi highlighted the need for localities to pursue sustainable development tailored to their unique resources and conditions, advocating against one-size-fits-all approaches by encouraging efforts aligned with comparative advantages and local realities.

Xi called for a correct view of performance focused on tangible achievements that benefit the people, emphasizing that success is measured by public satisfaction and improvements in livelihoods. The Party prioritizes practical work that addresses the urgent needs of the population, from ecological protection along the Yangtze River to child-raising subsidies and major infrastructure projects aimed at enhancing public services and living environments. Local and central plans must align strategically while remaining adaptable to local circumstances to ensure effective implementation.

In the inaugural year of the 15th Five-Year Plan, authorities are tasked with anchoring targets in concrete actions, with solid results serving to establish momentum for the broader goals of building Chinese-style modernization. The leadership underscores that practical work and execution are paramount for political success and the continued prosperity of the people.

China Daily | English | News | Jan. 23, 2026 | UndeterminedTech Development/Adoption

Chinese biometric technology firm Saint Deem has launched its first dedicated vein-recognition manufacturing line in Huainan, Anhui province. The production line, covering more than 10,000 square meters, is designed to produce up to 2 million vein-recognition modules and authentication devices annually. This marks a step toward large-scale commercialization of vein recognition technology, targeting applications across consumer electronics, payments, vehicles, and smart infrastructure.

Saint Deem's new factory is the first specialized manufacturing line in China focused solely on vein-recognition products, addressing a gap in the country's biometric supply chain. Vein recognition identifies individuals by analyzing patterns of veins beneath the skin, offering a more secure alternative to passwords, fingerprints, and facial recognition, which are increasingly vulnerable to spoofing and AI-generated forgeries. Co-CEO Qian Haomin highlighted the shift from an R&D-driven model to one combining R&D and manufacturing, aiming to establish vein recognition as a trusted, universal key connecting people securely to both digital and physical worlds.

The technology has already been deployed in applications such as palm-vein payment systems, smart locks, public transport, and high-security environments. For example, Chengde Public Transport Group in Hebei province has implemented palm-vein payments to reduce reliance on cards and QR codes. Industry experts noted the potential for consumer markets to drive growth, given the relatively low penetration of smart locks in China despite significant sales.

Experts emphasized the importance of unified technical and security standards to ensure trust and prevent industry fragmentation as vein recognition moves toward mass adoption. Academician Zheng Zhiming and IT standardization expert Zheng Yinfei stressed that vein recognition’s higher-dimensional data provides fundamentally stronger security against evolving digital threats like AI-generated deepfakes, and that establishing evaluation and security benchmarks is critical to protect users and unlock the technology’s full value.

Xinhua | English | News | Jan. 23, 2026 | UndeterminedEconomic Growth

China's 2025 GDP growth demonstrated resilience amid global uncertainties, reflecting the early effects of a strategic economic rebalancing under the 15th Five-Year Plan (2026-2030). Policymakers are shifting focus from pursuing headline growth figures to enhancing economic stability and balance by expanding domestic demand, investing in human capital, and promoting innovation. This approach prioritizes long-term resilience through targeted support rather than broad stimulus measures.

The central bank's recent cautious monetary easing and planned increased fiscal spending for 2026 underscore the government's commitment to sustainable development. Fiscal resources will be directed towards consumption, human capital investment, and livelihood protection, balancing current needs with medium- and long-term financial sustainability. External observers see this as a sign of China's strategic transformation toward economic maturity.

Structural rebalancing is central to the new economic direction, with domestic consumption and technological advancement replacing traditional growth drivers like investment and exports. The government plans to release a domestic demand expansion strategy for 2026-2030, emphasizing sectors such as elderly care, green technology, and cultural tourism. Innovation, particularly in areas like artificial intelligence, is expected to enhance productivity and drive future growth.

A strong emphasis is placed on investing in people, viewing human capital as essential to sustainable growth and innovation. Policies aim to increase household incomes, stabilize and improve employment quality, and leverage China’s vast pool of STEM graduates to transition from a "population dividend" to a "talent dividend." This focus on intrinsic economic stability through rebalancing is poised to shape China's development trajectory amid global complexities in 2026 and beyond.