Ministry of Finance: In 2026, the Ministry of Finance will provide "hardcore" support for stable employment, stable enterprises, stable markets, and stable expectations.

In a press conference, Deputy Minister of Finance Liao Min stated that in 2026, following the deployment of the Central Economic Work Conference, the Ministry of Finance will continue to implement a more proactive fiscal policy, summarized as "increase in overall quantity, improved structure, better efficiency, and stronger momentum". "Stronger momentum" means deepening reforms in key areas of finance and taxation, further stimulating the intrinsic vitality of the economy. Optimizing the structure of transfer payments, enhancing the financial autonomy and coordination capacity of local governments, and improving the efficiency of transfer payment funds. Through strengthening the coordination of fiscal resources and budgets, enhancing budget performance management, implementing optimized export tax rebate policies, clearing and standardizing tax preferences and financial subsidies, and other reform measures, further enhancing the development momentum of local finances, and assisting in the construction of a unified national market. In short, in 2026, the Ministry of Finance will provide "hardcore" support to stabilize employment, stabilize businesses, stabilize the market, and stabilize expectations, ensuring a good start for the "Five-Year Plan".