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The National Development and Reform Commission Interprets Current Economic Hotspots—Optimizing the Implementation of the “Two New” Policies and “Two Major” Projects
2026 Year, how to optimize implementation “ Two new ” Policies? How can we stabilize investment with greater intensity? How can we deepen and advance the construction of a nationwide unified market? Recently, the National Development and Reform Commission held a press conference. Li Chao, Deputy Director of the Policy Research Office of the NDRC and spokesperson for the commission, provided an overview of several current hot topics in economic work.
“ Two new ” The policy will optimize fund allocation.
and support scope, etc.
No.1
Recently, the National Development and Reform Commission and the Ministry of Finance issued a notice proposing to optimize implementation in terms of scope of support, subsidy standards, and implementation mechanisms. 2026 Year “ Two new ” Policy.
In terms of trade-in programs for consumer goods, 2025 In recent years, subsidies have been intermittent and difficult to predict, leading to instances of fraudulent claims and duplicate subsidies. “ Raise first, then make up the difference. ” and other related issues. On this basis, the National Development and Reform Commission, together with the Ministry of Commerce and other relevant departments, carried out a concentrated rectification effort and thoroughly examined and refined measures in a targeted manner. 2026 Policy implementation mechanism for the year ——
Optimize the method of fund allocation, Building on the existing criteria for fund allocation, we will comprehensively take into account factors such as the implementation of previous policies and findings from audits to determine the appropriate scale of fund allocation for each region. At the same time, for regions with particularly severe delays in disbursement, we will step up supervision and impose stricter penalties through appropriate measures. To ensure balanced and orderly use of funds, at the national level, we will continue to strike a reasonable balance in the pace of work and issue funds in quarterly batches. At the local level, we will guide local authorities to spend subsidy funds in a balanced and orderly manner, ensuring smooth transitions across weeks, months, and quarters. Local authorities will be required to establish a system for advance allocation of subsidy funds, thereby alleviating the financial burden on enterprises. We will rigorously crack down on illegal activities, focusing particularly on stringent fund reviews, strict price controls, and rigorous enforcement and regulatory oversight.
In terms of equipment upgrades and renovations, Some enterprises have reported that they have not benefited from the policy incentives due to factors such as a shortage of their own funds and project investment amounts falling below the application threshold. In response to this, 2026 Relevant work for the year will also be optimized in a targeted manner to support more enterprises in upgrading their equipment and broaden the scope of policy benefits.
First, optimize the scope. In overall continuation 2025 Based on the annual support scope, the main additions are: 3 Subsidy updates in various areas: In the area of people's livelihoods, subsidies will be increased for retrofitting elevators in older residential communities and upgrading equipment at elderly care institutions. In the area of public safety, subsidies will be increased for upgrading fire rescue and inspection and testing equipment. In the area of consumer infrastructure, subsidies will be increased for upgrading equipment at offline commercial facilities such as commercial complexes, shopping malls, department stores, and large-scale supermarkets.
Second, further optimize the project application mechanism and review process, and substantially lower the investment threshold. 22 In most fields, there are no longer any thresholds; only in a few specific areas have low thresholds been set to ensure project quality and enhance the efficiency of fund utilization.
Third, strengthen regulation. By employing a variety of online and offline approaches, we will strengthen full-chain oversight of equipment upgrade projects, effectively address enterprise concerns, and enhance the efficiency of fund utilization.
2026 Early admission for the year “ Double layer ” Construction Project List
Already organized and issued
No.2
Recently, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, and to further expand effective investment, the National Development and Reform Commission has organized and issued... 2026 Early admission for the year “ Double layer ” The list of construction projects and the central budget investment plan, totaling approximately... 2950 100 million yuan.
“ Double layer ” Construction aspect , strengthen “ Double layer ” Nature, adherence to a top-down approach, emphasis on the integration of soft and hard aspects—approximately arranged in total. 2200 hundreds of millions of yuan, supporting urban underground pipe networks and high-standard farmland, “ Three Norths ” engineering, and effectively reducing logistics costs across the entire society, among other areas. 281 A project that further highlights “ Double layer ” The strategic, forward-looking, and holistic nature of the construction.
In terms of central budget investment, Focus on public sectors that require concentrated efforts, sustained investment, addressing shortcomings, adjusting structures, and benefiting the people, and allocate more than... 750 hundreds of millions of yuan, supporting urban renewal, water conservancy, ecological protection and restoration, pollution control, energy conservation, and carbon reduction efforts. 673 A project that fully leverages the guiding and driving role of government investment.
Meanwhile, the National Development and Reform Commission also... Speed up the launch of a batch of “ Soft construction ” Initiatives to ensure that all types of funds are utilized effectively and continuously enhance investment efficiency. For example, we will promote the improvement of investment and financing models for urban underground pipeline network construction and renovation, as well as municipal public utility pricing mechanisms; refine incentive mechanisms for water conservation in irrigation districts; accelerate the refinement of modern logistics standards; and focus on establishing a comprehensive solid waste management system—thereby fostering long-term mechanisms for project construction, implementation, operation, and maintenance.
Recently, the National Development and Reform Commission has also approved or ratified several major infrastructure projects. Transportation facilities including Guangzhou’s new airport, the newly constructed cross-sea ferry route from Zhanjiang to Haikou and related line projects; water resource allocation projects on the Liaodong Peninsula in Liaoning Province, and the Nanguaping Reservoir Project in Lijiang City, Yunnan Province; ultra-high-voltage AC ring network projects in Zhejiang, and energy facilities such as the Dabao Hydropower Station on the Dadu River in Sichuan; as well as major scientific research platforms like the Huairou and Yacheng Bay laboratories. 。
“ The total investment in these projects exceeds 4000 hundreds of millions of yuan will further enhance China’s modern infrastructure system and provide... ‘ Fifteen five ’ A steady start provides strong support. ” Li Chao said.
Centralized cleanup 2300 Multiple local violations
Document stipulating the establishment of entry barriers
No.3
Building a nationwide unified market is both a tough battle and a protracted one. Among its key aspects is the removal of barriers to market entry. 2025 Year 4 This month, the National Development and Reform Commission launched an initiative to identify and address barriers to market access, achieving positive progress.
On the one hand, a batch of local documents and regulations that illegally set up barriers to entry have been centrally reviewed and cleared. Nationwide cumulative sorting and investigation 3.8 More than 10,000 documents stipulate the revision or repeal of provisions that lack a basis in higher-level laws and regulations, conflict with higher-level laws and regulations, or illegally establish barriers to entry. 2300 Several cases have been reported. For example, a certain prefecture-level city issued a local regulation stipulating that whether an enterprise could enter the local market would be determined through methods such as organizing expert reviews and holding public hearings. In essence, this amounted to indirectly erecting barriers to market entry, thereby hindering local enterprises from applying to establish used-car trading markets and other similar businesses. This is a typical case of illegally adding new entry requirements and procedures beyond those listed on the negative list for market access. Following supervision and guidance, the city has promptly taken corrective action and submitted a request to the Standing Committee of the Municipal People’s Congress to fully repeal the local regulation.
On the other hand, a number of practices that illegally set up barriers to entry have been eliminated. All sectors of society and relevant media have reported effective leads on issues. 372 Article, verified as true 225 The measures, covering multiple sectors including used-car trading, pharmaceutical retail, construction, and transportation, have all been fully rectified. For example, a state-owned enterprise under a certain county established a local database of construction companies, requiring that the registered business locations of companies included in the database must be within the local area, thereby restricting fair market access for companies from other regions. The county has now ordered the relevant enterprises to abolish this local database of construction companies. Another example is that during a road transport safety overhaul conducted by the Transportation Bureau of a certain city’s district, applications for road transport permits from concrete mixer trucks were illegally suspended, obstructing business entities from gaining lawful market access. The city has since urged the district to promptly make the necessary corrections and resume processing related applications.
Li Chao stated that, Next, the National Development and Reform Commission will remain problem-oriented and deepen the construction of a nationwide unified market.
On the one hand, we must establish various institutional rules and regulations that are conducive to building a unified national market. Promote the issuance of a list of measures that hinder the construction of a nationwide unified market, and further standardize local governments’ economic promotion activities. Conduct research and formulate policy measures to promote the healthy development of investment attraction, guiding local governments to explore new, high-level models of investment attraction tailored to their specific local conditions. Study and draft regulations for the construction of a nationwide unified market, refine the benchmark system for administrative discretion in areas such as administrative penalties, and strengthen legal safeguards. Promote the establishment and improvement of fiscal and tax systems, statistical accounting systems, and assessment and evaluation frameworks that are conducive to market integration.
On the other hand, remove all obstacles that hinder the construction of a unified national market. Continue to intensify efforts to address issues in areas such as the improper return of fiscal and tax incentives and bid-rigging. Widely solicit leads on various problems that hinder the construction of a unified national market, and promptly release public announcements on relevant typical cases.
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