That target at 4.5% to 5% marks a downgrade from the “around 5%” set in the past three years.

That marks a slight downgrade from the "around 5%" target set in the past three years.

It is the first time the target has been lowered since it was cut to "around 5%" in 2023.

That target at 4.5% to 5% marks a downgrade from the “around 5%” set in the past three years.

‘High-quality growth’ target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroad

China has lowered its economic growth target to between 4.5% and 5% for 2026, marking the lowest level in about 35 years as grapples with deflation

China has set its lowest growth target in decades, acknowledging domestic challenges and pointing to global uncertainty.