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China Fiscal Spending Up 1.5% in H1

China's fiscal spending increased 1.5% year-on-year to CNY 14.33 trillion in the first half of 2026.Central government expenditure rose 6.5% to CNY 2.12 trillion, while local government spending increased 0.6% to CNY 12.21 trillion, indicating that fiscal support continued to be led by the central…

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