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China issues early 2026 investment plan for ‘Two Major’ projects worth $42 billion

By Thomson Reuters Dec 30, 2025 | 10:15 PM

BEIJING, Dec 31 (Reuters) – China’s state planner has released early investment plans for 2026,  including two ‍major construction projects, involving about 295 billion yuan ($42.21 billion) in central budget funding, in its latest effort to boost investment and support economic growth.

The National ‌Development and Reform Commission (NDRC) ‌said on Wednesday it has also recently approved or cleared a number of large infrastructure projects including Guangzhou’s new airport, water ​resource facilities and major scientific research platforms with a total ‍investment exceeding 400 billion ​yuan.

The projects “will further improve ​China’s modern infrastructure system and provide strong ‍support for a smooth start to the 15th Five-Year Plan,” National Development and Reform Commission (NDRC) spokesperson Li Chao told a press conference on ‍Wednesday.

The world’s second-largest economy allocated 800 billion yuan in 2025 for its “Two Major” programmes ‍which ‍focus on major national ​projects and key security-related capacity ​building ⁠as the Chinese government ‌works to stabilise growth amid economic headwinds while strengthening infrastructure, energy and resource security.

($1 = 6.9881 Chinese yuan renminbi)

(Reporting by Shi Bu and Kevin Yao; Editing by ⁠Lincoln Feast.)