Lan Fo'an: 100 billion yuan in fiscal and financial coordination special funds to support benefiting trillion-level credit demand

WealthCoffee · 2026-03-10T09:43:52+00:00

In 2026, China will implement proactive fiscal policies, launching a 100 billion yuan fiscal and financial coordination plan to promote domestic demand. The goal is to boost consumption and private investment, address the issue of "strong supply but weak demand," and achieve a greater economic stimulation effect.

WealthCoffee

2026-03-10 09:43:52

Abstract generation in progress

** Caixin News ** Continuing to implement more proactive fiscal policies in 2026, a major feature is strengthening policy coordination, with the first-ever launch of a 100 billion yuan fiscal and financial coordination package to promote domestic demand. On March 6, Minister of Finance Lan Fuan stated that this package combines tools such as loan interest subsidies, financing guarantees, and risk compensation, along with a 250 billion yuan consumer goods replacement policy, making it more vigorous than last year. Preliminary estimates suggest that the 100 billion yuan in fiscal funds can support over one trillion yuan in credit, achieving a “small push to move a large mass” effect.

Lan Fuan said at the economic-themed press conference that China’s overall economy is shifting towards a new and better direction, but the contradiction of “strong supply but weak demand” remains prominent. Consumer spending vitality is insufficient, and private investment growth is relatively weak. To address this issue, the central government has specifically allocated 100 billion yuan in 2026 to launch a fiscal and financial coordination package to promote domestic demand.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.