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China's 2026 Fiscal Policy: Boosting Economy and Demand

12/30/2025

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Story summary
  • China's Finance Minister Lan Fo'an announced a proactive fiscal policy for 2026 to enhance economic quality and boost domestic demand.
  • Key tasks include improving employment stability, upgrading the economic structure, and promoting green development.
  • Fiscal authorities will optimize government bond instruments and enhance transfer payment efficiency.
  • Lan highlighted the importance of supporting education, healthcare, and social safety nets while advancing rural and regional development.
  • Successful fiscal measures have already resulted in a 5.5% increase in retail sales in Sichuan province, surpassing the national average.