Nov 3 — China State Planner said it will steer social (private) capital into emerging pillar industries, coordinating multiple funding channels and increasing fiscal and financial policy support to implement a plan to cultivate new growth drivers. Policy will be application-led, tailored to local conditions, and promote deeper reform and greater openness while relying on market allocation. The agency emphasized balancing development with security, saying the security bottom line must be maintain

2026-11-03

Nov 3 — China State Planner said it will steer social (private) capital into emerging pillar industries, coordinating multiple funding channels and increasing fiscal and financial policy support to implement a plan to cultivate new growth drivers. Policy will be application-led, tailored to local conditions, and promote deeper reform and greater openness while relying on market allocation. The agency emphasized balancing development with security, saying the security bottom line must be maintained and that industry growth will proceed only under ensured safety as potential is gradually unlocked.