ChinaZhōngguó中国National People Congressquánguó rén dà全国人大to deliberate / to reviewshěnyì审议Five-Year Planwǔnián guīhuà五年规划，setsjiāng将2026èr líng èr liù nián2026年economic growthjīngjì zēngzhǎng经济增长targetmùbiāo目标at / asdìng wéi定为4.5 to 5 percentbǎifēnzhī sì diǎn wǔ zhì bǎifēnzhī wǔ4.5%至5%。
March 5, 2026 at 2:00 PM
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China & WorldChina Sets 4.5 to 5 Percent GDP Growth Target and Approves 15th Five-Year Plan at NPC
At the opening of the National People Congress, China set a GDP growth target of 4.5 to 5 percent for 2026, while approving its 15th Five-Year Plan with emphasis on technological self-reliance.
China's National People Congress officially opened on March 5th. The government work report set 2026 GDP growth target at 4.5 to 5 percent, slightly lowered compared to last year's target. The conference simultaneously approved the 15th Five-Year Plan, which covers the period from 2026 to 2030. The plan lists technology self-reliance and self-improvement and industry modernization as core strategic goals to respond to great-power competition with the United States. In fiscal policy aspects, total investment in key sectors such as infrastructure and public services is expected to exceed 7 trillion yuan this year. The government also announced it will continue advancing the AI Plus action plan, with AI-related industries forecast to exceed 10 trillion yuan by 2030. Analysts point out that Beijing's strategic deployment reflects a supply-side driven structural reform approach replacing broad-based demand stimulus policy orientation.
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