Ministry of Finance: Continue to Implement a More Proactive Fiscal Policy in 2026

People’s Financial News, March 17 — The Ministry of Finance released the 2025 China Fiscal Policy Implementation Report, which states that in 2026, China will continue to implement more proactive fiscal policies, mainly in five areas: First, expand fiscal expenditure to ensure necessary spending. Second, optimize the government bond portfolio to better leverage bond benefits. Third, improve the efficiency of transfer payments to enhance local autonomous financial capacity. Fourth, continuously optimize the expenditure structure and strengthen support in key areas. Fifth, enhance fiscal and financial coordination to amplify policy effectiveness and better stimulate the vitality of micro entities.

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