'Two Sessions': China sets 2026 GDP growth of 4.5-5% and other key development goals

The main goals include:

• A GDP growth of around 4.5-5%, with efforts to achieve even better results in practice
• A surveyed urban unemployment rate of about 5.5%
• Creation of more than 12 million new urban jobs
• CPI growth of around 2%, aimed at maintaining stable prices
• A 3.8% reduction in energy consumption per unit of GDP
• Resident income growth in line with economic growth
• A basic balance in international payments

Edited by Vivian Yang, yangzhenqi@mysteel.com