US EditionGlobal Times: China Sets 4.5-5% GDP Growth Target for 2026 While Striving to Achieve Better Results in Practice
China aims for 4.5% to 5% GDP growth in 2026 to balance feasibility and policy goals amid global uncertainties, prioritizing high-quality development and economic stability.
- On Thursday, March 5, 2026, NPC delivered a report in Beijing setting a 4.5 percent to 5 percent GDP target for 2026.
- By framing the goal as a range, Chinese government officials said it preserves flexibility for policies while supporting the 2035 per-capita GDP goal.
- NPC deputy Yu Miaojie told the Global Times that a growth target range of 4.5 percent to 5 percent allows policy flexibility and focuses on livelihoods.
- Analysts said the range reflects a prudent assessment of uncertainties and policy flexibility, while Yu said 'Maintaining an annual economic growth rate within this range reflects the stability of China's economy.'
- Compared with past targets, the new range is the lowest in decades, and foreign media noted it allows more flexibility for domestic growth shifts.
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Global Times: China sets 4.5-5% GDP growth target for 2026 while striving to achieve better results in practice
BEIJING, March 5, 2026 /PRNewswire/ -- China targets economic growth of 4.5 percent to 5 percent this year and will strive for better in practice, according to a Government Work Report submitted Thursday to the country's top legislature for deliberation.
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