China's National People's Congress (NPC) has signaled a focus on maintaining a stable yuan, expanding fiscal spending, and promoting real-world asset (RWA) markets, which could significantly impact crypto capital flows. The NPC set a growth target of 4.5-5%, the lowest since 1991, but China's economy, now over $20 trillion, continues to be a major global growth engine, contributing around 30% of global economic expansion in 2025.
Beijing's commitment to a stable yuan, with potential appreciation towards 6.70 against the dollar, aims to reduce capital flight pressures that have historically driven demand for Bitcoin and stablecoins. The NPC also unveiled the 15th Five-Year Plan, prioritizing a modernized industrial system and setting a record R&D spending target of over 3.2% of GDP. This strategic shift towards quality growth and innovation, particularly in advanced manufacturing and digital economy sectors, is poised to influence crypto and digital asset markets.
China's NPC Emphasizes Stable Yuan and Fiscal Expansion for Crypto Markets
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