# Real investment in what people need: What “investing in people” means

https://mins.news/en/item/30229

- China News Service, 2026-08-22 12:37 UTC
- Economy
- Original: http://www.ecns.cn/video/2026-08-22/detail-ihfimvaz1915012.shtml

> At an August 21 State Council Information Office press conference in the “Start of the 15th Five-Year Plan” series, “investing in people” emerged as a key phrase. China’s general public budget allocated 12.4 trillion yuan to education, social security, healthcare, housing and related areas, up 5.4% year on year. During the plan period, the Finance Ministry said it will expand imports, broaden opening-up platforms, deepen international economic cooperation and build a modern tariff system.