CPC Central Political Bureau First Proposes 'Six Networks' Construction, Investment Estimated to Exceed NT$32 Trillion
The CPC Central Political Bureau has for the first time proposed the construction of 'Six Networks' (water, new power grids, computing, new-generation communication, urban underground pipelines, and logistics), with China's National Development and Reform Commission estimating this year's related investment to exceed RMB 7 trillion (approximately NT$32.333 trillion). This is part of an economic policy aimed at expanding domestic demand and strengthening infrastructure.
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- 📰 Published: April 29, 2026 at 13:24
- 🔍 Collected: April 29, 2026 at 13:31 (6 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 13:46 (14 min after Collected)
Central News Agency
(Central News Agency, Taipei, 29th) The Political Bureau of the CPC Central Committee held a meeting on the 28th, where it mentioned "strengthening the planning and construction of water networks, new power grids, computing networks, new-generation communication networks, urban underground pipe networks, and logistics networks." China's National Development and Reform Commission (NDRC) preliminarily estimates that investments in these areas will exceed RMB 7 trillion (approximately NT$32.333 trillion) this year.
The Political Bureau of the CPC Central Committee held a meeting on the 28th, chaired by General Secretary Xi Jinping, to analyze and study the current economic situation and economic work.
The meeting mentioned, "Deeply tap into the potential of domestic demand. Expand the supply of quality goods and services, and promote consumption upgrading. Deepen the implementation of actions to expand capacity and improve quality in the service industry. Strengthen the planning and construction of water networks, new power grids, computing networks, new-generation communication networks, urban underground pipe networks, and logistics networks. Push for the commencement of major engineering projects that are mature in conditions."
Beijing Youth Daily's new media platform 'Zhengzhijian' published an article on the 28th stating that this meeting first proposed the construction of 'Six Networks.' During this year's 'Two Sessions,' Zheng Shanjie, Director of China's National Development and Reform Commission, also specifically mentioned the need to advance the 'Six Networks.'
At that time, Zheng Shanjie said that they would advance the 'Six Networks' and key area constructions, continuously improving production conditions and living environments. The key areas covered by the 'Six Networks' include comprehensive three-dimensional transportation facilities, and infrastructure and public service facilities for consumption, low-altitude, artificial intelligence+, education, and healthcare.
Zheng Shanjie said that this year's preliminary estimate for investments in these areas would exceed RMB 7 trillion.
The article also mentioned other important information from the meeting, including "systematically responding to external shocks and challenges, and enhancing the security and supply level of energy resources."
The article stated that due to current geopolitical conflicts, international energy prices have risen significantly. China's domestic energy resource supply has been stable and orderly, with timely implementation of temporary price controls, meaning that residents' lives and corporate production have not been affected.
The article indicated that data shows oil accounts for less than 20% of China's total energy consumption; coal's role in security has strengthened, accounting for over 50%; in recent years, new energy sources like wind and solar power have developed rapidly, and the share of non-fossil energy consumption has risen, so international crude oil market fluctuations have had a relatively small overall impact on the Chinese market.
Ren Zeping, a well-known Chinese economic analyst, posted on Weibo on the 28th, stating that one important signal from this meeting is that domestic demand policies focus on two main lines: service consumption and new infrastructure, which means expanding the supply of quality goods and services, and strengthening the construction of 'Six Networks.'
Ren Zeping also pointed out that in the meeting, industrial policy emphasized the importance of advanced manufacturing and the "deep rectification" of involutionary competition. This is because manufacturing is the foundation for employment, exports, and supply chain security, while anti-involution to increase profits is the foundation for long-term healthy development of enterprises.
Ren Zeping further stated that the meeting specifically proposed to "do a good job in agricultural production and stabilize prices of agricultural products such as live pigs." Live pigs and other agricultural product prices were rarely named, because pork is an important category in residents' shopping baskets and a key factor affecting the CPI; recently, pig prices have continued to fall, and with the policy naming and initiating stockpiling, the pig price cycle is expected to bottom out.
Ren Zeping also stated that the meeting's description of security was more specific, detailing it to energy, industrial chains, and external risk prevention and control. This is because current external economic and trade, geopolitical, and energy uncertainties are rising, and the policy further emphasizes using the certainty of domestic industrial chains, energy resources, and key technologies to offset the uncertainties of the external environment. (Edited by Chen Kai-yu/Chou Hui-ying) 1150429
(Central News Agency, Taipei, 29th) The Political Bureau of the CPC Central Committee held a meeting on the 28th, where it mentioned "strengthening the planning and construction of water networks, new power grids, computing networks, new-generation communication networks, urban underground pipe networks, and logistics networks." China's National Development and Reform Commission (NDRC) preliminarily estimates that investments in these areas will exceed RMB 7 trillion (approximately NT$32.333 trillion) this year.
The Political Bureau of the CPC Central Committee held a meeting on the 28th, chaired by General Secretary Xi Jinping, to analyze and study the current economic situation and economic work.
The meeting mentioned, "Deeply tap into the potential of domestic demand. Expand the supply of quality goods and services, and promote consumption upgrading. Deepen the implementation of actions to expand capacity and improve quality in the service industry. Strengthen the planning and construction of water networks, new power grids, computing networks, new-generation communication networks, urban underground pipe networks, and logistics networks. Push for the commencement of major engineering projects that are mature in conditions."
Beijing Youth Daily's new media platform 'Zhengzhijian' published an article on the 28th stating that this meeting first proposed the construction of 'Six Networks.' During this year's 'Two Sessions,' Zheng Shanjie, Director of China's National Development and Reform Commission, also specifically mentioned the need to advance the 'Six Networks.'
At that time, Zheng Shanjie said that they would advance the 'Six Networks' and key area constructions, continuously improving production conditions and living environments. The key areas covered by the 'Six Networks' include comprehensive three-dimensional transportation facilities, and infrastructure and public service facilities for consumption, low-altitude, artificial intelligence+, education, and healthcare.
Zheng Shanjie said that this year's preliminary estimate for investments in these areas would exceed RMB 7 trillion.
The article also mentioned other important information from the meeting, including "systematically responding to external shocks and challenges, and enhancing the security and supply level of energy resources."
The article stated that due to current geopolitical conflicts, international energy prices have risen significantly. China's domestic energy resource supply has been stable and orderly, with timely implementation of temporary price controls, meaning that residents' lives and corporate production have not been affected.
The article indicated that data shows oil accounts for less than 20% of China's total energy consumption; coal's role in security has strengthened, accounting for over 50%; in recent years, new energy sources like wind and solar power have developed rapidly, and the share of non-fossil energy consumption has risen, so international crude oil market fluctuations have had a relatively small overall impact on the Chinese market.
Ren Zeping, a well-known Chinese economic analyst, posted on Weibo on the 28th, stating that one important signal from this meeting is that domestic demand policies focus on two main lines: service consumption and new infrastructure, which means expanding the supply of quality goods and services, and strengthening the construction of 'Six Networks.'
Ren Zeping also pointed out that in the meeting, industrial policy emphasized the importance of advanced manufacturing and the "deep rectification" of involutionary competition. This is because manufacturing is the foundation for employment, exports, and supply chain security, while anti-involution to increase profits is the foundation for long-term healthy development of enterprises.
Ren Zeping further stated that the meeting specifically proposed to "do a good job in agricultural production and stabilize prices of agricultural products such as live pigs." Live pigs and other agricultural product prices were rarely named, because pork is an important category in residents' shopping baskets and a key factor affecting the CPI; recently, pig prices have continued to fall, and with the policy naming and initiating stockpiling, the pig price cycle is expected to bottom out.
Ren Zeping also stated that the meeting's description of security was more specific, detailing it to energy, industrial chains, and external risk prevention and control. This is because current external economic and trade, geopolitical, and energy uncertainties are rising, and the policy further emphasizes using the certainty of domestic industrial chains, energy resources, and key technologies to offset the uncertainties of the external environment. (Edited by Chen Kai-yu/Chou Hui-ying) 1150429