Lower growth target, higher stakes: Key signals as China’s Two Sessions open

Tamara Ceaikovski

From a lower growth target to bigger bets on technology and consumption, China’s Two Sessions open with a sober assessment of economic challenges and a recalibration of policy priorities. BEIJING: The lowest economic growth target since 1991 . Public spending set to surpass 30 trillion yuan (US$4.3 trillion). And a rare candid admission that 2025 had been one of China’s hardest years in recent memory. The country’s most important political event kicked off this week under heavy grey skies and