Recently, China’s Ministry of Finance announced that ‘vigorously boosting consumption’ will be a key focus of fiscal policy in 2026. This strategic move aims to stimulate household spending and drive high-quality economic growth by optimizing fiscal expenditure, strengthening social welfare, and enhancing tax incentives. Specific measures include increasing transfer payments to low-income groups, expanding public services in education, healthcare, and elderly care to alleviate household financial burdens, and offering subsidies or tax breaks for key consumer goods such as energy-efficient appliances and new-energy vehicles. The Ministry also plans to support the development of county-level commercial infrastructure and promote rural consumption upgrades to unlock the potential of lower-tier markets. Additionally, it will collaborate with other agencies to foster innovative consumption scenarios and advance digital consumption, improving convenience and user experience. Experts note that, amid growing uncertainties in external demand, expanding domestic demand—particularly consumption—has become crucial for stabilizing growth and employment. Fiscal policy in 2026 will emphasize targeted interventions and long-term mechanisms to solidify the foundation of a new development pattern centered on the domestic economy.
近日，财政部明确表示，2026年将把‘大力提振消费’作为财政政策的重要着力点。这一战略部署旨在通过优化财政支出结构、加大民生保障力度以及完善税收激励机制，激发居民消费潜力，推动经济高质量发展。具体措施包括：提高低收入群体的转移支付水平，扩大教育、医疗、养老等公共服务供给，减轻家庭后顾之忧；实施针对绿色智能家电、新能源汽车等重点消费品的购置补贴或税收减免；支持县域商业体系建设和农村消费升级，释放下沉市场活力。此外，财政部还将协同其他部门，推动消费场景创新和数字消费发展，提升消费便利性和体验感。专家指出，在当前外需不确定性增强的背景下，扩大内需尤其是提振消费，已成为稳增长、促就业的关键抓手。2026年的财政政策将更加注重精准施策与长效机制建设，为构建以国内大循环为主体的新发展格局提供坚实支撑。
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