As someone closely following China’s latest economic policy move, I’d like to share one striking point here. The Beijing government is placing a very strong emphasis on maintaining a yuan that remains strong against the U.S. dollar, which could trigger significant capital inflows and outflows in the crypto markets.

Especially when we look at China’s gsyih targets, the 4,5-5 growth rate set by the NPC is the lowest level since 1991, yet the economy has already exceeded 20 trillion dollars. This means that in 2025, China is providing about one-third of global economic growth. Quite an impressive figure.

Keeping the yuan stable and holding it at the 6,70 level historically reduces capital outflow pressures. This is where demand for Bitcoin and stablecoins increases. Investors are looking for alternative ways to move money out, and crypto becomes the gateway into this. I believe this mechanism will be brought back into play.

There’s also this: In the 15th Five-Year Plan, a record-level target for R&D spending was set—more than 3,2% of China’s gsyih. This focuses on advanced manufacturing and the digital economy sectors. Encouraging the RWA markets is also part of this strategy. These investments in digital assets and blockchain technology will directly affect the crypto ecosystem.

The fiscal expansion policy is also coming into play. Spending is being increased to support China’s gsyih growth, which can also boost interest in liquid assets. From a market perspective, it’s likely that these kinds of macroeconomic moves will create new opportunities in the crypto market. In particular, I expect activity in projects focused on the digital economy and blockchain.