Aug 21 — Vice Minister Liao Min told a State Council Information Office briefing that during the 15th Five‑Year Plan period the Ministry of Finance will boost the effectiveness and precision of fiscal macro‑management. To stabilize growth, employment

2026-08-21

Aug 21 — Vice Minister Liao Min told a State Council Information Office briefing that during the 15th Five‑Year Plan period the Ministry of Finance will boost the effectiveness and precision of fiscal macro‑management. To stabilize growth, employment and expectations it will step up counter‑cyclical and cross‑cycle adjustments and keep a necessary deficit scale and spending intensity while optimizing spending composition and concentrating funds on major national strategic tasks. The ministry said it will place greater emphasis on investment in people, reasonably raise the share of public‑service spending in total fiscal outlays, and expand development space by prioritizing livelihood needs.

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Japan private sector remained robust in August, with output growth at its fastest since February and manufacturing and services both gaining momentum. Manufacturing new export orders rose at the quickest pace in about eight-and-a-half years, supporte

2026-08-21

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