China-Development Forum/Policy Support
China-Development Forum/Policy Support
Dateline : March 22, 2026/File
Location : China
Duration : 1'35
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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