The Political Bureau of the Communist Party of China on Friday has decided to continue implementing a proactive fiscal policy and a moderately relaxed monetary policy from 2026 through 2030 during a meeting chaired by Chinese President Xi Jinping.
The meeting on Friday discussed the draft blutprint of the 15th Five-Year Plan for economic and social development of China and the draft "Government Work Report" that the State Council intends to submit for review at the fourth session of the 14th National People's Congress.
The meeting emphasized the need to continue implementing a more proactive fiscal policy and moderately relaxed monetary policy, while enhancing the synergy between reform measures and macroeconomic policies. It called for building a strong domestic market, accelerating the cultivation of new growth drivers, and advancing technological self-reliance and strength. The meeting also underscored the importance of deepening reforms in key areas, further expanding opening-up, promoting comprehensive rural revitalization, and driving new urbanization and coordinated regional development.
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