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Cross Asset Strategy

Contemporary Amperex Technology (CATL) (300750 CH)

<ul><li>In Depth: China Unveils More Nuanced Economic Plan for 2026</li><li>At the conclusion of the Central Economic Work Conference in December, China’s ruling Communist Party unveiled a blueprint for 2026 that signals deep-seated structural problems, from industrial overcapacity to persistent deflationary pressures.</li><li>By adding “promoting quality and efficiency” to its long-standing mantra of “seeking progress while maintaining stability,” Beijing is reinforcing a move away from its old playbook of debt-fueled investment to a more nuanced approach as it prepares to kick off its 15th Five-Year Plan.</li></ul>

In Depth: China Unveils More Nuanced Economic Plan for 2026At the conclusion of the Central Economic Work Conference in December, China’s ruling Communist Party unveiled a blueprint for 2026 that signals deep-seated structural problems, from industrial overcapacity to persistent deflationary pressures.By adding “promoting quality and efficiency” to its long-standing mantra of “seeking progress while maintaining stability,” Beijing is reinforcing a move away from its old playbook of debt-fueled investment to a more nuanced approach as it prepares to kick off its 15th Five-Year Plan.

Contemporary Amperex Technology (CATL) (3750 HK)

CX Daily: China Unveils More Nuanced Economic Plan for 2026 