China sets a lower economic growth target of 4.5% to 5% for 2026 as challenges loom

Government

(5 Mar 2026) RESTRICTIONS SUMMARY: ASSOCIATED PRESS Beijing - 5 March 2026 1. Wide of China's Premier Li Qiang reading a Government Work Report 2. SOUNDBITE (Mandarin) Li Qiang, China's Premier: “The main targets for development for this year are GDP growth of 4.5 - 5% while striving for better in practice; surveyed urban unemployment rate of around 5.5%; over 12 million new urban jobs; CPI (Consumer Price Index) around 2%; personal income growth in step with economic growth.” 3. Wide of China'