MAY 26·china.org.cnMed
China's massive infrastructure push targets domestic demand, growth stabilization
China is planning multi-trillion-yuan investment under a “Six Networks” initiative—covering water, new-type power grids, computing, next-gen communications, urban underground pipelines and logistics—to boost domestic demand and stabilize growth, according to the NDRC and State Council. NDRC estimates spending could exceed 7 trillion yuan in 2026, with over 5 trillion yuan for upgraded power grids in 2026-2030. Funding includes central budget, ultra-long bonds and policy instruments.