China’s State Council pledges faster major projects, policy funds to spur domestic demand

The signal here is execution rather than announcement: Beijing is pressing on disbursement speed and fiscal-financial coordination, which suggests the constraint has been delivery at the local level, not policy intent. For industrial and infrastructure-linked commodities, equipment upgrades and the "six networks" are the channels where demand could show up first. Whether faster project approvals translate into actual physical demand, and whether grassroots disbursement keeps pace, is the open question worth watching.