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

Chinese President Xi Jinping on Tuesday extended congratulations to Luiz Inacio Lula da Silva on his re-election as president of Brazil.

In his congratulatory message, Xi said that President Lula has made important contributions to advancing China-Brazil relations.

Xi said he and Lula have, in recent years, maintained close communication through various means and jointly guided the building of the China-Brazil community with a shared future for a more just world and a more sustainable planet to new progress.

The global, strategic and long-term significance of the bilateral relationship has become increasingly prominent, making it a model of solidarity and cooperation among Global South countries, he said.

Xi said that he attaches great importance to the development of China-Brazil relations and stands ready to work with President Lula to guide the building of a China-Brazil community with a shared future to new heights, open up broader prospects for all-round strategic coordination between the two countries, and continuously enhance the well-being of the two peoples.

Also on Tuesday, Chinese Vice President Han Zheng sent a congratulatory message to Geraldo Alckmin on his re-election as Brazil's vice president.

Xi congratulates Lula on re-election as Brazilian president

Xi Jinping gratuliert Lula da Silva zu Wiederwahl als brasilianischer Präsident