By 2026, the overall level of fiscal expenditure will "only increase, not decrease".
Deputy Minister of Finance Liao Min stated at a press conference of the State Council Information Office that in 2026, the Ministry of Finance will continue to implement a more proactive fiscal policy, summarized as "increasing the overall amount, optimizing the structure, improving efficiency, and enhancing momentum." In 2026, the fiscal deficit, total debt, and total expenditure will be kept at necessary levels to ensure that the overall expenditure will only increase rather than decrease, and key areas of focus will be ensured to only strengthen rather than weaken.
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