China Pledges Timely Fiscal Support to Boost Growth
China promises additional fiscal measures and expanded loan subsidies to support households and boost weak domestic demand. Vice Finance Minister Liao Min confirmed plans for new financial support as growth slows in the world's second-largest economy.
China will roll out targeted fiscal support measures to shore up domestic demand, Vice Finance Minister Liao Min said on Friday morning. The announcement comes as growth cools in the world's second-largest economy. Beijing is aiming for a budget deficit of around 4% of GDP for 2026.
