China’s Ministry of Finance released its 1H 2026 fiscal policy implementation report saying it will proactively stabilize employment to raise incomes and strengthen employment support for priority and vulnerable groups. The report calls for adapting to structural demographic shifts and migration by optimizing basic public-service layouts (education, healthcare), implementing childcare subsidies, free preschool and elderly-care consumption subsidies, and reinforcing inclusive, foundational and sa

2026-10-09

China’s Ministry of Finance released its 1H 2026 fiscal policy implementation report saying it will proactively stabilize employment to raise incomes and strengthen employment support for priority and vulnerable groups. The report calls for adapting to structural demographic shifts and migration by optimizing basic public-service layouts (education, healthcare), implementing childcare subsidies, free preschool and elderly-care consumption subsidies, and reinforcing inclusive, foundational and safety-net social services by improving elder/child service systems and a tiered social assistance framework. It also stresses bolstering emergency disaster relief and enhancing natural-disaster prevention and response capacity.

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2026-10-08

The State-owned Assets Supervision and Administration Commission (SASAC) and the Chinese Academy of Sciences held their 2026 annual cooperation meeting in Beijing on the 8th and signed a series of institute–enterprise cooperation agreements and major projects. Since launching an annual coordination mechanism in 2023, the two sides have initiated over 1,200 projects with cumulative funding above 32 billion yuan; central SOE R&D spending has exceeded 1 trillion yuan for four consecutive years. Coo