# technology investment

China Keeps the Fiscal Foot on the Gas for 2026: More Bonds, Bigger Transfers and a Push for Consumption and Tech

The Chinese Ministry of Finance has vowed to continue an active, expansionary fiscal stance in 2026, combining large bond‑funded investment, targeted consumption support and increased transfers with stronger debt governance and fiscal reforms. The policy mix aims to stabilise growth while prioritising technology, green transition and social spending, though implementation and local debt management remain the principal risks.