- CHINA & THE WORLD - News - Business

China ramps up fiscal support for new quality productive forces

China.org.cn
| August 21, 2026
2026-08-21

China has stepped up support for new quality productive forces this year through a more proactive fiscal policy and targeted financial measures, including increased central government spending on science and technology, 200 billion yuan (US$29.75 billion) in ultra-long special treasury bonds, fiscal rewards and subsidies, and government-backed financing guarantees, said Vice Minister of Finance Liao Min at a Friday press conference. 

9013865