China's top economic planner issues major policy measures for 2026

The National Development and Reform Commission (NDRC) issued the list of construction projects for major national strategies and the building of security capacity in key areas in 2026, along with the central budget investment plan, totaling about 295 billion yuan (about 42.16 billion U.S. dollars).

It also approved major projects, including the new Guangzhou airport and the Danba hydropower station on the Dadu River in southwest China's Sichuan Province, totaling nearly 400 billion yuan (about 56.9 billion US dollars) in investment.

Meanwhile, China has allocated 62.5 billion yuan (about 889 million U.S. dollars) in ultra-long special treasury bonds in advance to support upgrades of large-scale equipment and trade-ins of consumer goods in 2026.

The national venture capital guidance fund was launched on Friday, as part of efforts to mobilize more patient capital for innovative and future industries.

The fund, capitalized with 100 billion yuan (about 14.29 billion US dollars ) raised through the issuance of ultra-long-term treasury bonds, is designed to leverage the central government’s capital to attract broad participation from local governments, central state-owned enterprises, financial institutions and private investors, increase support for strategic emerging and future industries, and accelerate the cultivation of new quality productive forces.

The fund is projected to generate an investment scale exceeding 1 trillion yuan (about 142.3 billion U.S. dollars ).

In terms of the low-altitude economy, a strategic emerging cluster, measures will be taken to expand its application scenarios in line with local conditions.

"We will seize the window of opportunity, take proactive steps, and ensure policy continuity and task coordination between this year and next. We'll accelerate the introduction and implementation of a series of policies in areas such as consumption, investment, industry, people's livelihoods, reform and opening-up, and green development," said Li Chao, spokeswoman of the NDRC.

China's top economic planner issues major policy measures for 2026

The Lai Ching-te administration's bid to seek Taiwan secession by leaning on external forces is doomed to be crushed, a State Council Taiwan Affairs Office spokeswoman said on Wednesday.

Recently, Lai again preached his secessionist agenda when meeting with Japanese politicians who were visiting Taiwan.

Zhang Han, the spokeswoman, slammed Lai's actions as a sellout of Taiwan's interests at a press conference in Beijing.

"In exchange for external support for its separatist agenda, the Lai Ching-te administration is repeating the tired refrain of 'democracy versus authoritarianism,' while turning a blind eye to the danger of Japan's right-wing forces marching ever further down a militarist path. It is fawning on Tokyo without any principle, ignoring the plight of the island's high-tech sector being hollowed out at will by Western powers, and selling out Taiwan's interests in a no-holds-barred fashion. The Lai administration's scheme to rely on external forces to seek secession will be thoroughly crushed," she said.

Lai Ching-te's secessionist attempt of leaning on external powers doomed to fail: spokeswoman