Core Viewpoint - The article discusses the Chinese government's initiatives to stabilize and promote effective investment in 2026, emphasizing the use of various financial tools and the importance of planning major projects in key sectors to support economic growth [1][3]. Investment Tools - The State Council has outlined several policy tools for stabilizing investment in 2026, including central budget investment, ultra-long-term special bonds, local government special bonds, and new policy financial instruments, with an expectation of increased funding in these areas [3][4]. - In 2025, the scale of central budget investment was set at 735 billion yuan, with ultra-long-term special bonds at 1.3 trillion yuan and local special bonds at 4.4 trillion yuan, indicating a significant increase in government investment compared to previous years [3][5]. Major Projects Planning - The government aims to plan and promote major projects in infrastructure, urban renewal, public services, and emerging industries to enhance long-term development and competitive advantages [9][12]. - During the "14th Five-Year Plan" period, China launched 102 major projects across various sectors, achieving significant progress in areas such as high-speed rail coverage and healthcare infrastructure [11]. Role of State-Owned and Private Enterprises - The State Council emphasizes the need to leverage state-owned enterprises (SOEs) to expand investment and support private investment development, aiming to create a collaborative environment for effective investment [15][16]. - In 2025, private investment saw a decline of 6.4%, highlighting the importance of restoring confidence in private investment through various government initiatives [16][17].
国常会部署稳投资,信号明确决心很大
21世纪经济报道·2026-02-09 14:21