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.