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China’s Politburo Support Pledge Puts Fiscal Execution in Focus

Beijing, 30 July 2026 – China’s top leadership has pledged stronger policy support and faster spending to counter sluggish growth, placing the second half of the year under a sharper test of fiscal execution rather than policy signalling alone.

The Politburo’s message arrives as the economy faces an uneven recovery. Advanced manufacturing and technology investment continue to provide areas of strength, but household demand, private-sector confidence and property activity remain subdued. External trade has offered support, yet rising geopolitical friction and weaker global momentum make exports a less dependable engine.

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