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Xi Touts ‘Super-Large’ China Market as Key to Boost Local Demand

Bloomberg
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President Xi Jinping emphasized domestic demand as China’s primary economic growth driver in remarks published February 2026, urging reliance on internal markets amid global uncertainty. The strategy centers on exploiting China’s "super-large-scale market" to stimulate consumption and investment, reducing dependence on export-led growth. Xi’s comments, released in a state-backed journal, signal a policy shift prioritizing self-sufficiency amid slowing global trade and geopolitical tensions. Analysts note the move aligns with long-term goals to bolster tech and industrial sectors, including quantum computing and semiconductors, through domestic demand. The approach may accelerate state-backed initiatives to foster innovation while mitigating risks from foreign market volatility.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Feb 16th, 2026Xi Touts ‘Super-Large’ China Market as Key to Boost Local DemandChinese President Xi Jinping has called for anchoring economic growth around domestic demand as its “main driver.” The country should “fully leverage the advantages of China’s super-large-scale market,” according to Xi's remarks published in a journal. Bloomberg's Stephen Engle has more.

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