China’s GDP growth target for 2026 is set at 4.5% to 5%

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When mentioning the main expected development goals for 2026, the Chinese government work report stated that the economic growth rate would be 4.5%-5%, and efforts would be made to strive for better results in practical work. ‌‌

In addition, the government work report mentioned that the target for surveyed urban unemployment rate this year is around 5.5%, with over 12 million new urban jobs created; the consumer price index (CPI) is expected to rise by around 2%; personal income growth should keep pace with economic growth; the international balance of payments should remain basically balanced; grain output is expected to reach around 700 million metric tons; and carbon dioxide emissions per unit of GDP should decrease by around 3.8%.

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