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China's Finance Ministry Announces Proactive Fiscal Policies for 2026

China's finance ministry announced more proactive fiscal policies for 2026 to boost domestic consumption and innovation. The move aims to counter deflationary pressures and international export reliance concerns.

Insights:
China's finance ministry announced on December 28 that the government will adopt more proactive fiscal policies in 2026. This strategic shift aims to boost domestic consumption, expand investment in innovation and new technologies, and strengthen social safety nets. The announcement follows a two-day policy meeting where the ministry outlined its goals for the upcoming year.
Cranes and cargo ships at a terminal of the Yantian port in Shenzhen, Guangdong province, China on October 30, 2025. REUTERS/Tingshu Wang
Cranes and cargo ships at a terminal of the Yantian port in Shenzhen, Guangdong province, China on October 30, 2025. REUTERS/Tingshu Wang
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