China’s economic development draft report 2026

China's National Development and Reform Commission (NDRC) released its 2026 draft report outlining key economic development strategies. The report prioritizes boosting domestic demand, upgrading industries, and achieving technological self-reliance. To support these goals, the plan includes significant funding allocations. Specifically, 250 billion yuan from ultra-long-term special treasury bonds will fund consumer goods trade-in programs, and another 200 billion yuan will support large-scale equipment upgrades. Additionally, a 100-billion-yuan special fiscal-financial coordination fund will be established to further stimulate domestic consumption. The NDRC aims to achieve sustainable economic growth through these targeted investments and policy initiatives.