Following the conclusion of China's Central Economic Work Conference on December 11, multiple government departments have announced coordinated measures to drive economic growth in 2026. The National Development and Reform Commission (NDRC) revealed plans to stabilize investment through increased central budget allocations and innovative financial instruments, while prioritizing private sector revitalization and high-standard market reforms.
In alignment with these efforts, a new circular jointly issued by the Ministry of Commerce, People's Bank of China, and National Financial Regulatory Administration outlines enhanced financial support for domestic consumption. The policy emphasizes interdepartmental coordination and targeted credit allocation to key consumer sectors through mechanisms like loan interest subsidies.
These initiatives build on the conference's three-pronged strategy focusing on growth stabilization, demand expansion, and institutional innovation. Analysts note the measures address both immediate challenges and long-term structural reforms as the Chinese mainland prepares for its next phase of economic development.
