Boao Report: Asia's Economic Growth Expected at 4.5%, Majority of Stock Indices Maintain Upward Momentum

The four-day Boao Asia Forum Annual Conference begins today in Boao, Hainan. The conference will release reports on Asia’s economic outlook and integration progress, predicting a 4.5% growth in Asia’s economy this year, lower than last year’s 4.7%. The report also indicates that most Asian stock indices are expected to continue rising this year.

The report points out that due to increasing uncertainties in international trade, rising global debt pressures, and escalating geopolitical risks, global economic growth will slow down in 2026. Against this backdrop, Asia’s economic growth may also slightly decelerate, with an estimated growth rate of 4.5% in 2026, below the 4.7% in 2025.

The report also highlights that in the financial markets, Asian economies performed well overall. In 2025, most Asian stock indices continued their upward trend. Most Asian currencies appreciated. The yields on 10-year government bonds in Asia decreased more than they increased. Non-performing loan ratios in the banking sectors of most Asian countries declined, although Bangladesh’s banking sector’s non-performing loans remained high and increased significantly.

Looking ahead to 2026, influenced by macroeconomic conditions, the Federal Reserve’s interest rate cut cycle, U.S. foreign policy, and geopolitical risks, Asian financial markets will face considerable uncertainty. However, most stock indices are still expected to rise. Most currencies may continue their appreciation trend. The yields on 10-year government bonds will show significant divergence. The banking sector is expected to operate relatively stably, with overall manageable risks.

Boao Asia Forum Secretary-General Zhang Jun stated that under the severe impact of unilateralism and protectionism on the global economic and trade order, regional cooperation has become even more important. Several forum directors also emphasized the importance of regional cooperation within Asia and between Asia and other regions, viewing Asia as a vital cornerstone for maintaining global security and stability.

He added that the report shows that despite numerous challenges, Asia’s economy still demonstrates strong resilience, showing positive trends and prospects. It makes significant contributions to the global economy, international trade, and sustainable development. He believes that open development should be maintained, including strengthening digital empowerment, vigorously promoting green transformation, and deepening connectivity.