China Lowers 2026 GDP Growth Target Amid Economic Strains
China is preparing to scale back its economic ambitions, with officials signaling a 2026 GDP growth target of 4.5–5%—a modest retreat from 2025's 5% goal. The adjustment reflects mounting pressures from weak domestic consumption, a faltering property sector, and global trade uncertainties.
Export resilience propelled China to meet its 2025 target, but internal demand remains anemic. Stimulus measures have failed to revive consumer spending on homes and durable goods, while real estate continues to drag on growth. The forthcoming 15th Five-Year Plan will prioritize technological advancement and service-sector development as policymakers seek new economic drivers.