China is set to announce a more conservative economic growth target for 2026, signaling a shift in focus towards sustainable development amid ongoing structural challenges. The source reports that this decision will be unveiled during the National People's Congress in March 2026.
Government's Growth Target for 2026
The government is expected to establish a growth target range of 4.5% to 5% for 2026, indicating a cautious approach as it prepares for slower economic expansion compared to the 5% growth recorded in 2025. This previous growth was largely fueled by exports, while domestic economic activity has shown signs of weakness.
Strategic Shift Towards Quality Growth
This revised target reflects China's strategic pivot towards prioritizing higher-quality growth over mere speed, as the nation grapples with long-term issues such as a declining birth rate and a sluggish property market. Policymakers are likely to emphasize the importance of sustainable economic practices in the face of these challenges, aiming to foster a more resilient economic environment.
China's coal production reached unprecedented levels in 2025, highlighting the country's ongoing reliance on coal despite efforts for cleaner energy. For more details, see more.
