China to boost fiscal policy from 2026–2030, targeting tech, education, and growth amid global and domestic challenges.

China will strengthen its proactive fiscal policy from 2026 to 2030 to support high-quality economic development amid global uncertainty and domestic challenges. Finance Minister Lan Fo'an said the government will enhance counter-cyclical and cross-cyclical regulation, adjusting deficits and borrowing as needed. Key areas include modern industries, tech, education, and social security, with fiscal tools like bonds, taxes, and transfer payments. The plan aims to boost consumption, optimize public investment through special-purpose and ultra-long bonds, encourage private sector participation, and improve fiscal efficiency and equity.