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China has set its economic growth target for 2026 at between 4.5% and 5%.

ATK.AI • 05.03.2026 09:04
BEIJING, March 5, 2026 (WAM) -- China has set its economic growth target for 2026 between 4.5% and 5% and will strive to achieve better results in practice. This target is outlined in a government work report presented to the country's highest legislative body on Thursday. Among the main development goals for this year are to maintain the urban unemployment rate, as determined by surveys, at approximately 5.5% and to create over 12 million new jobs in urban areas. Other objectives include keeping the increase in the consumer price index around 2%, ensuring personal income growth is in line with economic growth, achieving a fundamental balance in the balance of payments, and reaching a grain production level of approximately 700 million tons. The report also aims for a reduction of approximately 3.8% in carbon dioxide emissions per unit of gross domestic product. (Source: WAM.ae)