China sets record-low 4.5–5% GDP target and unveils 2026–2030 plan
Mar 6th 2026
At the National People’s Congress Beijing announced a lower growth target and published a draft 15th five-year plan that shifts focus to consumption, innovation and structural reform to manage slowing growth.
- China set a 2026 GDP growth target of 4.5 to 5%, the first time since 1991 the target has fallen below 5%.