On October 28, the CPC Central Committee on the formulation of the fifteenth five-year plan for national economic and social development (referred to as the "recommendation") published in its entirety, caused a high level of attention from all parties.The annual Financial Street Forum in Beijing on the theme of "innovation, change, reform under global financial development" was held in October 2025, the reporter in the interview felt that Morgan Stanley, the International Financial Association and other overseas institutions attended the meeting, expressed positive expectations and confidence in the high-quality development of China during the "15th Five-Year" period.

Xing Ziqiang, chief economist of Morgan Stanley China, told the Global Times reporter that a package of incremental policies was released one after another on September 26 last year. By this year's annual meeting of the Financial Street Forum, one year and one month have passed. Confidence in China's economic expectations has reached a new level.

First, last September a package of macroeconomic policies, fully reflect the capacity of macroeconomic governance of the country, and it is because these policies give everyone a bottom, we feel that despite the great floods of the times, but the stability of China's economic development prospects are becoming more and more clear, "secondly, with the recovery of a series of financial markets and other financial markets, the confidence of the enterprise is increasing. "In recent years, enterprises have continued to innovate and accelerate the sea, artificial intelligence, robots and other future industries have continued to grow, new energy vehicles overseas layout continues to advance. Good news source continues, China's real economy is more and more active."

Among the main goals of economic and social development during the 15th Five-Year Plan period, the "Recommendations" propose that economic growth should remain within a reasonable range, total factor productivity should be steadily improved, household consumption rate should be significantly increased, and the role of domestic demand as the main driving force for economic growth should continue to increase. Ma Qing, chief representative of the Asia-Pacific region of the International Finance Association and head of China research, said in an interview with the Global Times that in the first three quarters of this year, final consumption expenditure contributed 53.5% to economic growth, making it the first driving force for China's economic growth. In the past five years, China's consumption growth has been about twice that of the United States, making it one of the fastest growing countries in the world.

Matching believes that China's domestic demand growth potential is huge. Per capita physical consumption still has a greater upgrade space, and service consumption has more potential. Matching said that the "15th Five-Year Plan" proposal mentioned, vigorously boost consumption, in-depth implementation of special actions to promote consumption. clearly expand service consumption, promote commodity consumption expansion and upgrading and believe that with the gradual implementation of relevant policies, the main engine role of consumption to drive economic growth will be more highlighted, which will further enhance the confidence of all sectors in the Chinese economy. "