China Economic Summit: In 2026, it is necessary to promote the simultaneous growth of household income and economic growth.

Today, at the 2025-2026 China Economic Annual Meeting held at the China International Economic Exchange Center, Han Wenxiu, Deputy Director in charge of daily work at the Central Finance Bureau and Director of the Central Agricultural Bureau, stated that next year, it is necessary to maintain stable economic growth, ensure overall stability in employment and prices, maintain a basic balance in international payments, and promote synchronized growth in residents' income and the economy. Han Wenxiu introduced that to do well in next year's economic work, it is necessary to adhere to the principles of stability, progress, quality improvement, and efficiency enhancement, to increase counter-cyclical and inter-cyclical adjustments, and to effectively improve macroeconomic governance efficiency. Continued implementation of a more proactive fiscal policy is necessary. It is important to maintain necessary fiscal deficits, debt levels, and total expenditures, taking into account current conditions while making use of policy space and leaving room to address future risks. Continued implementation of moderately loose monetary policy is also necessary. It is essential to ensure smooth transmission of monetary policy, strengthen support for expanding domestic demand, and maintain basic stability in the exchange rate of the renminbi at a reasonable and balanced level. It is important to enhance the consistency and effectiveness of macroeconomic policy orientation, strengthen the coordination between fiscal and monetary policies, coordinate reform measures with macroeconomic policies, ensure that various policy measures work in the same direction, and form a united front.