China Vows Proactive Economic Policies for 2026 Amid Growth Target Achievement
4 hours agoBusiness
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China Vows Proactive Economic Policies for 2026 Amid Growth Target Achievement

Chinese President Xi Jinping stated China is on track to meet its 5% growth target for the year and will implement more proactive macroeconomic policies in 2026. He highlighted achievements in defense and science, aiming for improved economic quality alongside reasonable growth and reiterating the 'common prosperity' pledge. Despite resilient exports, concerns remain about a second-half slowdown due to weak consumption, deflation, and property sector issues.

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