Business

China plans measures to boost domestic consumption in the second half of the year

China will introduce a package of policies to boost domestic consumption in the latter half of the year, according to Vice Minister of Finance Liao Min.

22 August 2026Tagblick Newsdesk

AI-generatedWritten by an AI system, editorially responsible — how we work

Archive photo: China plans measures to boost domestic consumption in the second half of the year — Archive photoPhoto: SDGs Tracker · Wikimedia Commons · CC BY 4.0

China is planning a new policy package to encourage domestic consumption during the second half of this year. The announcement was made this Friday by the country's Vice Minister of Finance, Liao Min.

Liao Min emphasized the importance of these measures to strengthen the national economy, which faces ongoing challenges. The initiatives aim to boost consumer confidence and stimulate the domestic market.

Although specific details about the policies to be implemented have not yet been released, the vice minister's statement reflects a clear attempt to revitalize the economy.

This item was written by an AI system on the basis of the headlines and short teasers of the independently operating newsrooms named below. We disclose this under Art. 50(4), second subparagraph, of Regulation (EU) 2024/1689 (AI Act). Before publication we check origin and verifiability — anything that appears in only one place is not published — as well as language, substance and legally sensitive content. No separate substantive review of each individual item by a natural person takes place; we therefore do not rely on the exemption in Art. 50(4), second subparagraph, of the AI Act. Editorial responsibility for this publication rests with the person named in the imprint (§ 18 Abs. 2 MStV). Please report errors to [email protected] — we will correct or remove the item. Full reports are available from the sources listed.