Ministry of Finance: Implement a more proactive fiscal policy and intensify countercyclical adjustment.

Zhito Finance App has learned that on October 9, the Ministry of Finance issued the "Report on the Implementation of China's Fiscal Policy in the First Half of 2026." The report proposed that, in the face of increasingly complex changes in the situation and intertwined and overlapping risks and challenges, the Ministry of Finance will adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, uphold the general principle of seeking progress while maintaining stability, fully, accurately, and comprehensively implement the new development philosophy, accelerate the construction of a new development pattern, better coordinate the two overall situations at home and abroad, balance development and security, implement a more proactive fiscal policy, fully leverage the effectiveness of existing policies, promptly plan and introduce pragmatic and effective incremental policies based on macroeconomic conditions, intensify countercyclical adjustment, step up efforts to expand domestic demand and optimize supply, effectively safeguard and improve people's livelihoods, promote the economy's sustained development toward new, better, and more positive trends, and provide strong guarantees for achieving a good start to the "15th Five-Year Plan."