The Ministry of Finance issued a report on the implementation of China's fiscal policy for the first half of 2026. Among them, it is pointed out to actively stabilize employment, promote income growth, and strengthen employment assistance for key population groups and disadvantaged groups. Adapt to structural changes and migration trends in the population, and optimize the layout of basic public services such as education and medical care. Implement policies such as childcare allowances, free preschool education, and consumption subsidies for old-age services. Strengthen the construction of inclusive, basic, and underpinned livelihood, improve the “one old, one small” service system, and improve the hierarchical classification of social assistance systems. Do a good job in emergency disaster relief and improve the ability to prevent and respond to natural disasters. Continue to implement a good package of debt conversion policies, speed up the resolution of existing hidden debts, strictly prevent the falsification of debts and the addition of hidden debts, and push forward the withdrawal and reform of local financing platforms. Support the smooth operation of grass-roots finance, implement hierarchical guarantee responsibilities, strengthen operation monitoring and treasury fund scheduling, and effectively secure the bottom line of the “Three Guarantees” at the grassroots level. Coordinate and make good use of existing policies and assist in cleaning up arrears in corporate accounts, etc. Deeply promote pilot scientific financial management. Promote the steady implementation of zero-based budget reforms, pilot projects to integrate and coordinate the use of transfer funds, standardize tax incentives and financial subsidy policies, and consumption tax reform. Strengthen fiscal expenditure management with stricter standards and more practical measures, and put in place the requirements for the Party and government organs to get used to living too tight. Strengthen financial supervision, carry out in-depth three-year actions to improve the quality and efficiency of financial supervision, strengthen the financial supervision system mechanism, take financial discipline more seriously, and continuously improve the authority and effectiveness of financial supervision. I'm ready to wipe

The Ministry of Finance issued a report on the implementation of China's fiscal policy for the first half of 2026. Among them, it is pointed out to actively stabilize employment, promote income growth, and strengthen employment assistance for key population groups and disadvantaged groups. Adapt to structural changes and migration trends in the population, and optimize the layout of basic public services such as education and medical care. Implement policies such as childcare allowances, free preschool education, and consumption subsidies for old-age services. Strengthen the construction of inclusive, basic, and underpinned livelihood, improve the “one old, one small” service system, and improve the hierarchical classification of social assistance systems. Do a good job in emergency disaster relief and improve the ability to prevent and respond to natural disasters. Continue to implement a good package of debt conversion policies, speed up the resolution of existing hidden debts, strictly prevent the falsification of debts and the addition of hidden debts, and push forward the withdrawal and reform of local financing platforms. Support the smooth operation of grass-roots finance, implement hierarchical guarantee responsibilities, strengthen operation monitoring and treasury fund scheduling, and effectively secure the bottom line of the “Three Guarantees” at the grassroots level. Coordinate and make good use of existing policies and assist in cleaning up arrears in corporate accounts, etc. Deeply promote pilot scientific financial management. Promote the steady implementation of zero-based budget reforms, pilot projects to integrate and coordinate the use of transfer funds, standardize tax incentives and financial subsidy policies, and consumption tax reform. Strengthen fiscal expenditure management with stricter standards and more practical measures, and put in place the requirements for the Party and government organs to get used to living too tight. Strengthen financial supervision, carry out in-depth three-year actions to improve the quality and efficiency of financial supervision, strengthen the financial supervision system mechanism, take financial discipline more seriously, and continuously improve the authority and effectiveness of financial supervision. I'm ready to wipe