Finance Minister Lan Foan: Establishing and implementing a parenting subsidy system to enhance residents' consumption capacity and willingness.

date
30/07/2025
Minister of Finance, Lian Fo'an, stated in a study newspaper article that it is important to combine benefiting the people with promoting consumption, strengthen elderly and medical care support, establish and implement childcare subsidies, enhance residents' consumption ability and willingness. Actively expand effective investment. Focus on key areas and weak links, increase investment efforts, improve investment efficiency, and better play the key role of investment in optimizing supply structure. In the first half of the year, local governments issued 2.16 trillion yuan in special bonds, further expanding the scope of investment and capital for projects, providing strong support for the construction of major projects.
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