Politics · China · 1 day ago
China to increase economic support in the fourth quarter
China’s National Development and Reform Commission plans to increase economic support in the fourth quarter, the final three months of the year.
Its head, Zheng Shanjie, made the announcement at a meeting with private companies in Beijing.
Businesses at the meeting described pressure from changes in global supply and demand, commodity prices and competition in technology.
They also said government measures had helped them manage risks and steady expectations.
The commission said it would coordinate existing and new policies and consider further measures to support the economy.
It also plans to move ahead with major projects, including networks for water, electricity, computing, communications, underground utilities and logistics.
The stated aims are to boost domestic demand, strengthen supply chains and support China’s growth targets for the year.
China’s National Development and Reform Commission will increase countercyclical adjustments in the fourth quarter, its head said.
Zheng Shanjie made the announcement at a meeting with private companies on October 10.
The commission will seek to coordinate existing and new policies and bring forward the start of major projects.
It also plans to develop further policy tools to support economic growth and help meet the annual targets.
Companies at the meeting said government measures had helped them manage risks and stabilize expectations.
- Who
- Zheng Shanjie, head of China’s National Development and Reform Commission, and representatives of private companies.
- What
- Zheng said the commission would increase countercyclical adjustments in the fourth quarter and coordinate existing and new policies.
- When
- October 10, 2026.
- Where
- Beijing.
- Why
- To address continuing external economic pressures, support domestic demand and help meet the annual targets.
This story does not have two clearly opposing sides.
In the fourth quarter, we will increase the intensity of countercyclical adjustments.
Zheng Shanjie chaired a meeting with private companies in Beijing and announced plans to increase countercyclical adjustments in the fourth quarter.
The commission plans to promote the early start of major projects and develop further policy tools to support the economy.
- Meeting date
- October 10, 2026
- Meeting location
- Beijing
- Policy period
- Fourth quarter
- Planned project framework
- 15th Five-Year Plan” and six networks construction plans
- Participating industries
- Petrochemicals, natural gas supply, agricultural machinery and artificial intelligence applications
Sources
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