A press conference for the fourth session of the 14th National People's Congress (NPC) on economy is held in Beijing, capital of China, March 6, 2026. (Xinhua/Cao Yiming)

　　BEIJING, March 6 (Xinhua) -- Senior Chinese officials on Friday elaborated on the country's policy mix for this year, aimed at ensuring resilient economic growth, fostering innovation-driven new engines, and promoting balanced trade to share more market opportunities with the rest of the world.

　　China has set a target of 4.5 to 5 percent for gross domestic product growth this year, while pledging to strive for better results in practice, according to a government work report submitted Thursday to the country's top legislature for deliberation.

　　Speaking at a press conference on the sidelines of the fourth session of the 14th National People's Congress, Zheng Shanjie, head of the National Development and Reform Commission, noted that the country has the confidence to cope with risks and market volatility and achieve its development goals.

　　"More proactive and effective" macro policies will be implemented, he said, emphasizing a policy package that combines fiscal, monetary, investment, employment and consumption measures.

　　Stressing a strong fiscal support, Finance Minister Lan Fo'an told the press conference that China's fiscal expenditure, new government bond issuance and central transfers to local authorities will all reach record highs this year.

　　Total investment in infrastructure, public services and other key areas, including power grids, computing power, education and health care, is expected to exceed 7 trillion yuan (about 1 trillion U.S. dollars) in 2026.

　　Expanding domestic demand remains a top priority this year, with particular focus on building a robust domestic market.