Certain countries should not turn critical mineral issues into a security issue or politicize and instrumentalize it, nor should they build exclusive supply chain systems by resorting to bloc confrontation, said China's permanent representative to the United Nations Fu Cong on Thursday.
Speaking at an open briefing of the UN Security Council on "Energy, Critical Minerals, and Security," Fu pointed out that the international community must strengthen unity and cooperation to jointly build stable and resilient resource and industrial supply chains, thereby bolstering global economic growth.
Fu also stated that China calls on the international community to create a favorable environment for maintaining supply chain security, fully respect the sovereignty of nations over their natural resources, and steadfastly uphold the principles of open cooperation and mutual benefit.
He noted that China will continue to unswervingly promote high-level opening up and make greater contributions to maintaining the stability of the global industrial and supply chains.
"The formation and development of global industrial and supply chains result from economic globalization and market mechanisms, which is a historical and objective process. Political manipulation or artificial interference will only further disrupt global markets and cooperation, ultimately backfiring on itself," Fu said.
China urges certain countries not to politicize mineral issues, build exclusive supply chains: Chinese envoy
China urges certain countries not to politicize mineral issues, build exclusive supply chains: Chinese envoy
Macroeconomic analysts said China is set to promote economic growth in 2026 through effective investment, with key areas to see more targeted and efficient use of capital.
The experts outlined the growth areas in separate interviews with China Central Television (CCTV) in Beijing, following the submission of a government work report on Thursday to the country's top legislature for deliberation.
The government work report said that in 2026, China will make coordinated use of various types of government investment funds, allocate ultra-long special treasury bond funds for developing major national strategies, and boost security capacity in key areas. It also said that China will set an independent quota for local government special-purpose bonds earmarked for project construction. The quota will be increased, and the effectiveness of investment will continue to be enhanced, it said.
"Efforts will be made to issue 800 billion yuan (about 116 billion U.S. dollars) in new policy-based financial instruments, establish a long-term mechanism to encourage private capital participation in major projects, and deliver enduring support for the growth of domestic demand," said Zhang Linshan, a researcher at the Academy of Macroeconomic Research under the National Development and Reform Commission.
The analysts also said that this year's investment from the central government budget stands at 755 billion yuan, marking an increase of 22 billion yuan over last year.
According to the government work report, efforts will also be made to channel funds more accurately into key areas.
"Three key priorities have been outlined this year: fostering new quality productive forces, promoting new-type urbanization, and advancing comprehensive human development. These three priority areas are expected to further boost private investment willingness and capacity. This year, private investment will be explicitly encouraged to play a bigger role in high-tech industries and modern services, and private enterprises will be guided to explore additional new growth areas," said Zou Yunhan, deputy director at the Macroeconomic Research Office under the State Information Center.
China sets to drive economic growth with effective investment in 2026: analysts
