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China Strengthens Plans to Support Consumption and Investment Through Policy Measures

BEIJING, September 29, 2026: China’s State Council has called for stronger implementation of macroeconomic policies, including measures intended to support investment and consumption as officials seek to maintain economic momentum.

Premier Li Qiang chaired a State Council executive meeting on September 28 that examined ways to improve the effectiveness of macro policies and promote effective investment.

China Financial News reported that the meeting called for faster implementation of existing measures and accelerated use of government bonds.

Investment priorities

The government called for major projects under the 15th Five-Year Plan and related infrastructure programs to begin construction as early as possible. Work on upgrading aging reservoirs and grain-storage facilities was also highlighted.

Support for consumption

The meeting also called for stronger implementation of interest-subsidy policies supporting investment and consumption. Officials said existing measures should become more effective while additional counter-cyclical support is considered.

Reuters reported separately that China’s cabinet has pledged stronger policy support as economic pressures increase. citeturn0news6

Read NewsNationOnline’s earlier report on the cabinet’s growth-support pledge.

Source: Xinhua and China Financial News; additional context from Reuters.

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Imran Siddiqui

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