According to Chinese astrology, the Year of the Fire Horse occurs every 60 years. It is believed that the Fire Horse heralds an energetic year, with major societal shifts. ANZ Research sees see some parallel developments in the economy.
China is entering 2026 with a powerful shift toward technology-driven growth, using AI and robotics as its new economic engine.
At the same time, policymakers are navigating an undervalued currency, cautious monetary easing, and a strategic push to support the sectors that matter most.
The result is an economy becoming more resilient, less cyclical, and more focused on productivity.
From exports and inflation to housing, labour markets and the yuan, ANZ Research unpacks what this new tech‑led era means for China’s outlook in 2026.