Group 1 - The Ministry of Finance plans to maintain necessary levels for fiscal deficit, total debt, and expenditure in 2026, ensuring that overall spending intensity will "only increase" and key areas will be "strengthened" [1][2] - The fiscal deficit rate for 2026 is expected to be no lower than 4%, with the deficit scale rising from 5.66 trillion yuan in 2025 to approximately 6 trillion to 6.25 trillion yuan [1][2] - Analysts predict that the new government debt scale for 2026 may further increase to around 12.5 trillion yuan to support broad fiscal spending intensity and ensure the "three guarantees" at the grassroots level [2][6] Group 2 - The government emphasizes optimizing expenditure structure, focusing on critical areas such as consumption stimulation, investment in human capital, and social welfare [3][4] - A significant portion of fiscal funds will be allocated to enhance human capital accumulation, which is crucial for fostering new productive forces and accelerating economic growth [3][4] - The government plans to implement a series of policies to promote domestic demand, including loan interest subsidies for small and micro enterprises and personal consumption loans [4][5] Group 3 - In 2026, the government will continue to issue long-term special bonds for major strategic implementations and new equipment updates, with 1.3 trillion yuan issued in 2025 for these purposes [5][6] - The first batch of 625 billion yuan in long-term special bond funds has already been allocated, with multiple optimizations in the "two new" policies for 2026 [5][6] - The National Development and Reform Commission has organized a list of early "two heavy" construction projects and central budget investment plans totaling approximately 295 billion yuan, focusing on urban infrastructure and logistics cost reduction [6]

Group 1 - The core viewpoint is that the government will implement a more proactive fiscal policy, ensuring that total fiscal expenditure increases while optimizing the structure and improving efficiency [2][3][4] - The fiscal deficit, total debt scale, and total expenditure will maintain necessary levels in 2026, ensuring that overall expenditure intensity "only increases and does not decrease" and that key areas are guaranteed "only stronger and not weaker" [2][3] - The government will break the "base + growth" expenditure solidification pattern by actively using zero-based budgeting concepts to reduce ineffective expenditures and allocate more fiscal funds to boost consumption, invest in people, and ensure livelihood security [3][4] Group 2 - The government aims to increase residents' income through multiple channels, ensuring that funds are used in critical areas to enhance people's sense of gain [3][4] - The government will continue to arrange ultra-long-term special bonds for "two heavy" construction and "two new" work, optimizing policy implementation [3][4] - There will be a focus on deepening fiscal and tax reforms in key areas to further stimulate the internal vitality of the economy [4][5] Group 3 - The government will leverage the role of government investment funds to support early, small, long-term investments in hard technology and promote quality upgrades in key industries [6] - There will be a focus on enhancing the innovation capabilities of small and medium-sized enterprises through structural tax reductions and support policies [6] - A guiding document will be issued to promote high-quality development of agricultural insurance, emphasizing refined management and diversified collaboration [7]

"结构更优"，主要就是要持续优化支出结构，确保资金用在紧要处。打破"基数+增长"支出固化格局， 积极运用零基预算理念，大力压减低效无效支出，把更多的财政资金用在提振消费、"投资于人"、民生 保障等方面，多渠道增加居民收入。通过有"力度"、有"温度"的支出安排，不断提升人民群众的获得 感。 "效益更好"，就是着力提高资金使用效益，每一分钱都要产生应有的效益。2026年将继续安排超长期特 别国债，用于"两重"建设和"两新"工作，并优化政策实施；完善专项债券项目负面清单管理，深化地 方"自审自发"试点，更好发挥债券资金效益。同时，加强财政金融协同，探索创新政策工具，放大公共 资金的带动作用和公开政策的外溢效应。 1月20日，国新办举行新闻发布会，介绍发挥积极财政政策作用，推动经济社会高质量发展有关情况。 财政部副部长廖岷表示，2025年更加积极的财政政策，做到了兼顾当前与长远，既有力支持当下的经济 增长、办好民生实事，又有效推动中国经济结构转型，为经济社会中长期可持续发展打下坚实基础。 对于2026年财政政策，廖岷表示，按照中央经济工作会议部署，财政部门将继续实施更加积极的财政政 策，概括起来就是"总量增加、结构更 ...

南都讯 记者杨文君 发自北京 1月20日下午，国新办举行新闻发布会，介绍发挥积极财政政策作用，推 动经济社会高质量发展有关情况。财政部副部长廖岷在会上表示，今年要扩大财政支出盘子，确保必要 支出力度。 财政部副部长廖岷。 廖岷表示，2026年，按照中央经济工作会议部署，财政部门将继续实施更加积极的财政政策，概括起来 就是"总量增加、结构更优、效益更好、动能更强"。 据廖岷介绍，"总量增加"，就是要扩大财政支出盘子，确保必要支出力度。2026年财政赤字、债务总规 模和支出总量将保持必要水平，确保总体支出力度"只增不减"、重点领域保障"只强不弱"。要着重强调 的是，在2025年更加积极的基础上继续扩大财政支出盘子，本身就体现了政策是十分积极的。同时，财 政部也充分考虑了财政中长期可持续性，注重增强发展后劲。 "结构更优"，主要就是要持续优化支出结构，确保资金用在紧要处。打破"基数+增长"支出固化格局， 积极运用零基预算理念，大力压减低效无效支出，把更多的财政资金用在提振消费、"投资于人"、民生 保障等方面，多渠道增加居民收入。通过有"力度"、有"温度"的支出安排，不断提升人民群众的获得 感。 "效益更好"，就是着 ...