Key Takeaways
- • He Lifeng, a member of the Political Bureau of the CPC Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs, met Bridgewater Associates founder Ray Dalio in Beijing on Wednesday, October 15, 2026, according to Xinhua.
- • He said China's economy has maintained good momentum in 2026, the first year of the 15th Five-Year Plan (2026-2030), characterized by continued innovation, optimization and sound growth.
- • He credited China-U.S. economic and trade consultations, carried out under the strategic consensus of the two heads of state, with producing a series of mutually beneficial, balanced and positive outcomes.
- • Dalio expressed optimism about China's economic development prospects and opportunities and said he is willing to keep playing an active role in advancing U.S.-China economic and trade cooperation.
Summary
Senior Chinese financial official He Lifeng met with Ray Dalio, founder of Bridgewater Associates, in Beijing on Wednesday, according to a Xinhua report published on English.gov.cn. He Lifeng sits on the Political Bureau of the Communist Party of China Central Committee and directs the Office of the Central Commission for Financial and Economic Affairs, making the meeting a notable engagement between a top economic policymaker and one of the world's most prominent hedge fund founders.
According to the readout, He told Dalio that 2026 marks the first year of China's 15th Five-Year Plan period and that the economy has sustained good momentum, marked by continued innovation, optimization and sound growth. He also framed recent China-U.S. economic and trade consultations as operating under the strategic consensus of the two heads of state, saying those talks have produced a series of outcomes he described as mutually beneficial, balanced and positive, and conducive to stability and development in both countries and the global economy.
Dalio, per the Chinese readout, expressed optimism about China's economic development prospects and opportunities and said he is willing to continue playing an active role in advancing U.S.-China economic and trade cooperation. The report does not disclose any specific deals, investment commitments, or policy decisions arising from the meeting, and the account is drawn from the official Chinese government readout rather than an independent account of the discussion.
According to the readout, He told Dalio that 2026 marks the first year of China's 15th Five-Year Plan period and that the economy has sustained good momentum, marked by continued innovation, optimization and sound growth. He also framed recent China-U.S. economic and trade consultations as operating under the strategic consensus of the two heads of state, saying those talks have produced a series of outcomes he described as mutually beneficial, balanced and positive, and conducive to stability and development in both countries and the global economy.
Dalio, per the Chinese readout, expressed optimism about China's economic development prospects and opportunities and said he is willing to continue playing an active role in advancing U.S.-China economic and trade cooperation. The report does not disclose any specific deals, investment commitments, or policy decisions arising from the meeting, and the account is drawn from the official Chinese government readout rather than an independent account of the discussion.
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