Particle.news
Download on the App Store

China Sets More Proactive Fiscal Course for 2026 to Lift Domestic Demand

The ministry prioritizes innovation with stronger safety nets to rebuild household confidence for a roughly 5% growth goal.

Overview

  • The Ministry of Finance said it will make fiscal policy more proactive next year following a two-day meeting that set 2026 tasks.
  • Officials pledged to boost consumption and channel investment into so‑called new productive forces such as advanced manufacturing and digital industries.
  • The plan includes supporting innovation to cultivate new growth engines and improving healthcare and education to reinforce the social safety net.
  • Authorities listed urban–rural integration and a greener development path as additional priorities for 2026.
  • Government advisers and analysts expect an around‑5% growth target, implying continued fiscal and monetary support as the property slump and export dependence weigh on confidence.