1st LD-Writethru: China's fiscal expenditure to reach record high in 2026: finance minister

NAMPA / Xinhua
2026-03-06
BEIJING, March 6 (Xinhua) -- China's fiscal fund allocation is expected to reach record highs in terms of total expenditure, the scale of new government bond issuance, and central government transfer payments to local governments, Finance Minister Lan Fo'an told a press conference Friday. The country's total fiscal expenditure is projected to surpass 30 trillion yuan (about 4.35 trillion U.S. dollars) for the first time this year, while the sc......
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