China Politburo Backs 7 Trillion Yuan Six Networks Push for 2026 Growth
Updated
Updated · bastillepost.com · Jul 31
China Politburo Backs 7 Trillion Yuan Six Networks Push for 2026 Growth
3 articles · Updated · bastillepost.com · Jul 31
Summary
Beijing said the “Six Networks” initiative could lift total infrastructure and public-service investment to about 7 trillion yuan this year, making it a key support for second-half growth.
The Politburo highlighted the plan at Thursday’s economic meeting as China seeks to expand domestic demand and stabilize a slowing economy without rolling out broad new stimulus.
The program spans six areas—water, new-type power grids, computing power, next-generation communications, urban underground pipelines and logistics—with officials stressing digital, intelligent and green upgrades.
Officials said the buildout is meant to fix structural bottlenecks while shifting infrastructure from sheer scale expansion toward higher quality and efficiency, extending Beijing’s recent push to accelerate fiscal spending on existing projects.