ECONOMY

China Unveils $14 Billion Fiscal Package to Boost Consumption, Investment

Published: Mar. 6, 2026 6:17 p.m. GMT+8

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Lan Fo’an. Photo: Xinhua

China has launched a 100 billion yuan ($14 billion) fiscal-financial package aimed at boosting domestic demand, Finance Minister Lan Fo’an said Friday.

The initiative combines fiscal incentives with bank lending to channel credit into consumption and private investment as demand remains weak.

Fiscal funds will subsidize borrowing costs and provide financing guarantees, guiding financial institutions to expand lending in targeted areas, Lan said.

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China launched a 100 billion yuan ($14 billion) package to boost domestic demand through fiscal incentives and expanded bank lending.
Consumers can get up to 3,000 yuan interest subsidy on loans for goods, services, and credit products, while businesses receive larger loan subsidies and limits.
A special guarantee plan aims to support private investment and ease financing for smaller firms lacking collateral.

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