{"id":76587,"date":"2026-03-05T12:18:30","date_gmt":"2026-03-05T03:18:30","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2026\/mar\/05\/china-gdp-growth-target-economic-slowdown"},"modified":"2026-03-05T14:47:08","modified_gmt":"2026-03-05T05:47:08","slug":"china-sets-lowest-gdp-growth-target-for-decades-as-it-braces-for-economic-slowdown","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=76587","title":{"rendered":"China sets lowest GDP growth target for decades as it braces for economic slowdown"},"content":{"rendered":"<p>\u2018High-quality growth\u2019 target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroad<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/world\/2026\/mar\/04\/china-two-sessions-2026-meeting-what-are-they-when-is-it-explainer\">What are China\u2019s Two Sessions and why do they matter?<\/a><\/p>\n<\/li>\n<\/ul>\n<p>China has set its target for GDP growth to a record low of 4.5-5%, the first time since 1991 that the figure has dropped below 5%, reflecting an economic strategy that is shifting away from export-led growth to a model that leaders hope will be more resilient to external shocks.<\/p>\n<p>Li Qiang, China\u2019s premier, announced the target for 2026 in the <a href=\"https:\/\/www.theguardian.com\/world\/2026\/mar\/04\/china-two-sessions-2026-meeting-what-are-they-when-is-it-explainer\">opening session of the National People\u2019s Congress<\/a> (NPC), China\u2019s annual parliamentary gathering, which began on Thursday.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2026\/mar\/05\/china-gdp-growth-target-economic-slowdown\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018High-quality growth\u2019 target of 4.5-5% outlined at Two Sessions as Chinese premier talks of complex situations at home and abroadWhat are China\u2019s Two Sessions and why do they matter?China has set its target for GDP growth to a record low of 4.5-5%, the&#8230;<\/p>\n","protected":false},"author":4154,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,50,556,42,49],"tags":[],"class_list":["post-76587","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-china","category-chinese-economy","category-world-news","category-xi-jinping"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/76587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/4154"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76587"}],"version-history":[{"count":2,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/76587\/revisions"}],"predecessor-version":[{"id":76599,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/76587\/revisions\/76599"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}