Liao Min, vice minister of finance, Li Xianzhong, director general of the Comprehensive Department of the Ministry of Finance (MOF), and Yu Hong, director general of the Department of Finance of the MOF, attend a press conference held by the State Council Information Office (SCIO) on implementing a proactive fiscal policy for high-quality economic and social development, in Beijing, capital of China, Jan. 20, 2026. (Xinhua/Li Xin)
BEIJING, Jan. 20 (Xinhua) -- China will continue to implement a more proactive fiscal policy in 2026, summarized as expanding total volume, optimizing structure, enhancing efficiency, and strengthening momentum, Vice Minister of Finance Liao Min said Tuesday.
Speaking at a press conference held by the State Council Information Office, Liao emphasized that China's fiscal deficit, total debt, and overall expenditure for 2026 will be maintained at necessary levels, so as to ensure that the intensity of total fiscal spending only increases and guarantee for key sectors remains consistently strong. ■
Liao Min, vice minister of finance, Li Xianzhong, director general of the Comprehensive Department of the Ministry of Finance (MOF), and Yu Hong, director general of the Department of Finance of the MOF, attend a press conference held by the State Council Information Office (SCIO) on implementing a proactive fiscal policy for high-quality economic and social development, in Beijing, capital of China, Jan. 20, 2026. (Xinhua/Li Xin)
