China-Development Forum/Policy Support

Finance ministry pledges stronger policy efforts to build robust domestic market

  • English
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  • ID : 8471420
  • Dateline : March 22, 2026/File
  • Location : China
  • Category : Economy/Other
  • Duration : 1'35
  • Audio Language : Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Published : 2026-03-22 21:23
  • Last Modified : 2026-03-22 21:30:01
  • Version : 2

China-Development Forum/Policy Support

Finance ministry pledges stronger policy efforts to build robust domestic market

Dateline : March 22, 2026/File

Location : China

Duration : 1'35

  • English


Beijing, China - March 22, 2026 (CGTN - No access Chinese mainland)
1. Various of China Development Forum 2026 in progress, attendees
2. SOUNDBITE (Chinese) Lan Fo'an, Chinese Finance Minister:
"We will improve fiscal and tax support policies, help private enterprises share risks, reduce financing costs, and stimulate private investment. This year, we will allocate special funds to provide credit enhancement for private enterprises issuing bonds; establish a special guarantee program for private investment; implement loan interest subsidy policies for micro, small and medium-sized enterprises; and guide more financial resources to business entities and the real economy."

FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
3. Various of production lines, workers working

FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
4. Various of robots dancing, working

FILE: Zhengzhou City, Henan Province, central China - Date Unknown (CCTV - No access Chinese mainland)
5. Various of graduate students talking to employers at youth talent market

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
6. Various of customers in marketplaces
7. Mobile payment

FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
8. Aerial shots of cityscape


China will use various policy tools to build a robust domestic market, said China's Minister of Finance Lan Fo'an at the China Development Forum 2026 annual meeting on Sunday.

Themed "China in its 15th Five-Year Plan Period: Advancing High-Quality Development and Creating New Opportunities Together", the two-day event convenes global business leaders and scholars to explore shared opportunities emerging from China's pursuit of high-quality growth.

Lan stated the government will step up efforts to boost consumption and intensify implementation of inclusive policies that deliver benefits directly to consumers. This year, 250 billion yuan (around 36.3 billion USD) in ultra-long-term special treasury bonds will be allocated to support trade-in programs for consumer goods, and a 100 billion yuan fund will be established to stimulate domestic demand.

Meanwhile, efforts will be made to enhance long-term consumption capacity, strengthen employment support, improve the social security system, and increase residents' income through multiple channels.

On expanding effective investment, the government will optimize its investment structure and coordinate the use of ultra‑long‑term special treasury bonds, local government special bonds, and investment from the central government budget. Greater funding will be concentrated on priority areas such as new quality productive forces and new urbanization.

"We will improve fiscal and tax support policies, help private enterprises share risks, reduce financing costs, and stimulate private investment. This year, we will allocate special funds to provide credit enhancement for private enterprises issuing bonds; establish a special guarantee program for private investment; implement loan interest subsidy policies for micro, small and medium-sized enterprises; and guide more financial resources to business entities and the real economy," said Lan.

ID : 8471420

Published : 2026-03-22 21:23

Last Modified : 2026-03-22 21:30:01

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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