Core Viewpoint - The G20 meeting in Washington D.C. focused on enhancing the role of financial channels and macro policy coordination to promote global economic growth, with China emphasizing its support for multilateralism and the need for domestic policy adjustments in deficit countries [1][2]. Group 1: G20 Meeting Highlights - The G20 meeting took place on December 15-16, with discussions on the 2026 financial channel work arrangements and key topics [1]. - Chinese Vice Governor of the People's Bank of China, Xuan Changneng, represented China and highlighted the importance of multilateralism and macro policy coordination [1]. Group 2: China's Position and Proposals - China supports modernizing regulations to improve the business environment while maintaining essential financial regulatory standards like Basel III [1]. - The country is actively implementing the G20 Cross-Border Payment Roadmap to enhance cross-border payment efficiency and reduce transaction costs, adhering to international anti-money laundering standards [1]. - China plans to deepen reforms and expand high-level opening-up, focusing on domestic demand and building a strong domestic market to unleash service consumption potential [1]. Group 3: Monetary Policy and Economic Outlook - The People's Bank of China will continue to implement a moderately accommodative monetary policy to create a favorable monetary and financial environment for stable economic growth and high-quality development [1].

人民财讯12月17日电，2026年二十国集团(G20)主席国美国在华盛顿举行其接任主席国后的首次G20财 政和央行副手会议。会议围绕2026年G20财金渠道工作安排以及G20财金渠道重点议题和工作计划进行 了讨论。财政部副部长廖岷出席会议并发言。 廖岷表示，当前全球经济增长动能不足，各方应更好发挥G20财金渠道作用，加强宏观政策协调，共同 营造开放、包容、非歧视的国际经济合作环境。中方坚定支持多边主义，期待与各方共同努力推进2026 年G20财金渠道合作进程，为促进全球经济强劲、可持续、平衡、包容性增长贡献力量。中方呼吁遵循 市场化原则，多渠道动员资源帮助更多债务国改善债务可持续性并提高可持续发展能力。 ...

Group 1 - The core focus of the upcoming National People's Congress is on stabilizing economic growth amid "threefold pressure" on the economy, emphasizing the critical role of investment and the foundational role of consumption [1][2] - The expected GDP growth target for 2022 is around 5.5%, with many provinces setting their targets above this level, indicating a coordinated effort to achieve this goal [2][3] - Infrastructure investment is highlighted as a key area for driving growth, with plans for significant projects under the "14th Five-Year Plan" and an estimated annual investment exceeding 6 trillion yuan [3][4] Group 2 - Consumption is identified as another crucial lever for stabilizing growth, with a focus on sectors such as automobiles, home appliances, and rural consumption [3][4] - Policies are expected to support the development of new consumption scenarios and formats, including e-commerce, smart retail, and night economy initiatives [4] - Coordination between fiscal and monetary policies is deemed essential for effective growth stabilization, with an emphasis on the use of special bonds and adjustments to budget deficit rates [5][6]