Publié le · France

China Completes 800 Billion Yuan New Policy Financial Instrument Rollout: What Foreign Founders Should Know

China has fully deployed its 2026 new policy financial instrument, with 800 billion yuan directed into project capital across AI, digital economy, and other priority sectors. Here is what foreign founders operating in China should understand about the funding landscape.

China Completes 2026 New Policy Financial Instrument Rollout

As of October 28, China has fully deployed the 800 billion yuan new policy financial instrument planned for 2026, according to the official government release. The funds supported a batch of key projects and are intended to serve the expansion of effective investment. For foreign founders building or expanding a company in China, the rollout offers a useful signal about where policy-backed capital is flowing and how project financing is being structured.

How the 800 Billion Yuan Was Distributed

The instrument was deployed through three policy banks. According to the source, the breakdown is as follows:

• China Development Bank (CDB): 365 billion yuan deployed, involving total project investment of 5.5 trillion yuan.
• Export-Import Bank of China: 120 billion yuan deployed, mobilizing total investment of more than 1.7 trillion yuan.
• Agricultural Development Bank of China: 315 billion yuan deployed, involving total project investment of approximately 4.39 trillion yuan.

The instrument was established in 2025, when 500 billion yuan was deployed. Its focus areas included the digital economy, artificial intelligence, consumer infrastructure, and urban renewal fields such as transportation, energy, and underground pipeline construction and renovation.

Where the 2026 Funds Went

This year's government work report specified the issuance of 800 billion yuan in new policy financial instruments for 2026, with the aim of attracting more social capital into investment. The source identifies several priority destinations for the funds.

Artificial Intelligence and the Digital Economy

AI and digital economy projects were major recipients:

• CDB deployed 179.01 billion yuan to projects in AI, digital economy, green and low-carbon, biomedicine, and consumer sectors.
• The Export-Import Bank supported more than 220 projects in emerging industries such as the digital economy and AI, with disbursements accounting for nearly 50 percent of its total.
• The Agricultural Development Bank supported nearly 2,000 projects in AI, digital economy, low-altitude economy, consumer, and green and low-carbon fields, with investment amounting to nearly 200 billion yuan.

Private Investment Participation

The instrument also increased support for private investment and projects involving private capital:

• CDB deployed 127.99 billion yuan to private investment and private-capital participation projects, accounting for 35.1 percent.
• The Export-Import Bank supported more than 210 private investment and private-capital participation projects, with disbursements accounting for nearly 40 percent.
• The Agricultural Development Bank supported nearly 400 private investment and private-capital participation projects, with amounts exceeding 65 billion yuan, accounting for more than 20 percent.

Support for Larger Provincial Economies

The instrument also directed support toward 11 provinces with larger economic scale:

• CDB deployed 277.86 billion yuan in these provinces, accounting for 76.1 percent.
• The Export-Import Bank supported more than 330 projects there, with disbursements accounting for more than 70 percent.
• The Agricultural Development Bank deployed to more than 2,100 projects with investment of nearly 220 billion yuan, accounting for about 70 percent.

Why Project Capital Matters for Foreign Founders

The source notes that a common constraint in project construction is a lack of funding, particularly project capital. The full 800 billion yuan from this instrument is being used to supplement project capital. This is intended to address the bottleneck of insufficient capital for major projects, improve project financing capacity, and leverage bank loans and social capital.

For foreign founders, this is a practical reminder: when structuring a China-based project, the availability of project capital can affect whether bank financing and other funding sources can be unlocked. Projects aligned with policy priorities such as AI, digital economy, green and low-carbon development, and consumer infrastructure may find more receptive financing channels, though eligibility and approval remain subject to the relevant banks and authorities.

Next Steps for the Policy Banks

The three policy banks will conduct post-investment management, actively provide supporting project loans, and accelerate the conversion of physical work volume, so as to give full play to the service efficiency of the new policy financial instrument. Foreign founders should note that this is a statement of intent by the policy banks; it does not create any automatic entitlement to financing for individual companies.

Practical Takeaways for Foreign Founders

• Monitor priority sectors: AI, digital economy, green and low-carbon, biomedicine, consumer infrastructure, and urban renewal are highlighted in the source as areas receiving support.
• Understand capital structure: Policy-backed funds are being used specifically to supplement project capital, which can influence the broader financing stack for eligible projects.
• Private participation is encouraged: The source reports significant allocations to private investment and private-capital participation projects, which may be relevant to foreign-invested enterprises exploring joint projects.
• Regional focus: A large share of funds went to 11 provinces with larger economic scale, which may matter when choosing where to locate or expand operations.

Foreign founders should treat the instrument as part of the broader investment environment rather than a direct subsidy program. Any application for policy bank financing or participation in supported projects would require separate due diligence and consultation with the relevant institutions.

Foreign founders can contact ChinaMNC on WhatsApp / WeChat at +86 153 1898 8535 for help registering and operating a company in China.

This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.