Why has China set 2026 GDP growth target at 4.5% to 5%? -...

What this episode covers

China has set its economic growth target for 2026 at around 4.5 to 5 percent. Premier Li Qiang announced the target in the government work report at the opening of this year’s National People's Congress in Beijing. The report outlines a more proactive policy stance, with measures to expand domestic demand, stabilize employment, and strengthen market confidence. It also emphasizes scientific research, high-tech innovation, and industrial upgrading as key drivers of future growth. What’s the thinking behind this growth target? What do these policy signals tell us about the direction of China’s economy?

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This episode is 26 minutes long.

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This episode was published on March 6, 2026.

What is this episode about?

China has set its economic growth target for 2026 at around 4.5 to 5 percent. Premier Li Qiang announced the target in the government work report at the opening of this year’s National People's Congress in Beijing. The report outlines a more...

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