China to sharpen domestic demand push

Finance Minister Lan Fo’an said fiscal authorities will “comprehensively expand domestic demand” and “support high-level technological self-reliance and self-strengthening”. — Xinhua

BEIJING: China is expected to step up the efficiency of its proactive fiscal policy next year, sharpening its focus on expanding domestic demand and strengthening long-term innovation capacity.

These are priorities experts said will anchor China’s economic strategy for the 15th Five-Year Plan (2026 to 2030).