A two-day Central Economic Work Conference has concluded in Beijing as the country's top leaders decided on China's economic priorities for 2026.

President Xi Jinping, who's also the general secretary of the Communist Party of China (CPC) Central Committee, and chairman of the Central Military Commission, delivered an important speech at the conference.

In his speech, Xi reviewed the country's economic work in 2025, analysed the current economic situation and arranged next year's economic work.

It was noted at the meeting that 2025 is a truly extraordinary year, and the main targets for economic and social development had been successfully achieved.

The meeting also noted that over the past five years, China has effectively navigated various shocks and challenges, and achieved new major accomplishments.

Going forward, it said the country must continue to pursue reform and innovation, ensure both market vitality and effective regulation, combine investment in physical assets with investment in human capital, and respond to external challenges by strengthening internal capabilities.

The conference also stressed the need to fully and faithfully apply the new development philosophy, move faster to forge a new development paradigm and focus on promoting high-quality development. (Xinhua)