In 2026, the deficit rate is planned to be arranged around 4%.

The government work report mentioned the continuation of implementing a more proactive fiscal policy, with a planned deficit rate of around 4% this year and a deficit scale of 5.89 trillion yuan, an increase of 230 billion yuan over the previous year. The scale of general public budget expenditures will reach 30 trillion yuan for the first time, an increase of approximately 1.27 trillion yuan over the previous year. It is planned to issue 1.3 trillion yuan of ultra-long-term special national bonds to continuously support the "Two High" construction and the development of new industries.