Shen Danyang

Person

Last mentioned: Mar 6, 2026

Timeline

  1. NPC Opening

    Premier Li Qiang announces the 4.5% to 5% growth range for the fiscal year.

  2. Target Met

    China achieves 5% growth despite property downturn and US tariff war.

  3. Base Year

    Reference year for the long-term goal of doubling per capita GDP.

Stories mentioning Shen Danyang 1

Economy Neutral

China Sets Lowest GDP Growth Target Since 1991 Amid Global Volatility

China has established a pragmatic 4.5% to 5% GDP growth target for 2026, signaling a shift toward risk management and structural reform. Premier Li Qiang emphasized the need for flexibility as the nation navigates a persistent property downturn and escalating trade tensions with the United States.

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