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Government Work Report: Steady Investment Efforts, Increased Central Budgetary Investment, and New Policy Financial Instruments
[Caixin] The Central Economic Work Conference at the end of 2025 proposed to promote a stabilization and rebound of investment. How to tap into and unleash the potential of effective investment in 2026?
On March 5th, Premier Li Qiang delivered the government work report, stating that focus will be placed on key areas such as new quality productivity, new urbanization, and comprehensive human development to enhance the market-driven growth of effective investment and increase the proportion of government investment in people’s livelihood.
Regarding the allocation of fiscal and quasi-fiscal funds, the government work report clearly states that in 2026, 755 billion yuan will be allocated from the central budget for investment, and 800 billion yuan in ultra-long-term special national debt funds will be used for “dual” construction. The standards for central investment subsidies will be increased categorically; 800 billion yuan will be issued in new policy-based financial instruments to attract more social capital to participate in investment.