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28/12/2025 14:50

China: Ministry of Finance Signals More Proactive Fiscal Policies for 2026.

China’s Ministry of Finance said on Sunday that fiscal policies will be more proactive next year, reiterating its focus on domestic demand, technological innovation, and the social safety net. The statement comes as trading partners urge the world’s second-biggest economy to reduce its reliance on exports, underscoring the urgency of reviving confidence at home, where a prolonged property crisis has rippled through the economy and weighed on sentiment. China will boost consumption and actively expand investment in new productive forces and broader human development, the ministry said in a statement after a two-day meeting at which it set its goals for 2026, according to Reuters. China is likely to stick to its annual economic growth target of around 5% in 2026, government advisers and analysts told Reuters, a goal that would require authorities to keep fiscal and monetary spigots open as they seek to snap a deflationary spell.